The Zcash development lab has raised over 25 million dollars in this round of seed funding, with backers all being top giants like Paradigm, a16z, and Coinbase, making for an impressively luxurious lineup.

The scent of an old tree blooming anew is palpable. Although established privacy coins have been nearly lifeless due to compliance issues in recent years, the fact that top VCs collectively invested heavily in the seed round indicates that the narrative around privacy may be shifting from simply 'avoiding regulation' to a higher dimension of ZK foundational infrastructure. This level of capital injection will have a substantial impact on the fundamentals, suggesting that the long-dormant tech stack is about to come alive again. Established projects might adopt new strategies, and the expectations around their chip structures will also change accordingly. How do the old investors view this? #Zcash #Privacy #ZK #Paradigm #a16z $ZEC

ZECUSDT

Perp

209.12

-1.99%