Grayscale Bets $1 Million on Zcash as Privacy Coin Tumbles

Grayscale has pledged $1 million from its Zcash ETF fees to ecosystem nonprofits and launched a national advertising campaign as the privacy coin ZEC plummeted more than 11 %. The initiative includes a new education platform, Wall Street Journal ads, and grants to support network development, policy advocacy, and financial privacy education across the Zcash community.