Grayscale Bets $1 Million on Zcash as Privacy Coin Tumbles
Summary
Grayscale is committing $1 million in ETF fee revenue to support ecosystem nonprofits while simultaneously launching a national advertising campaign. This initiative comes as the value of the privacy coin experiences a double-digit decline in the market.
Grayscale plans to direct $1 million from its Zcash ETF fees to ecosystem nonprofits and launched a national ad campaign, as ZEC fell more than 11%.
Source: Read the full story at Decrypt
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