The purchase marks a shift from Multicoin’s 2019 view, as ZEC has surged over 1,500% in the last year. Multicoin Capital bought a significant Zcash (ZEC) position, believing private stores of value are critical as finance moves onchain. The purchase marks a shift from Multicoin’s 2019 view, as ZEC has surged over 1,500% in the last year. The broader thesis views privacy as a market-structure issue, leading to new developments like FHE and ZEC/Solana DeFi integration. Multicoin Capital has built…
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