Grayscale Launches Zcash Invest, Pledges $1M to Zcash Ecosystem

Cointime update: Grayscale launched Zcash Invest on November 10, a platform to educate investors and advisors about the Zcash ecosystem and its Zcash ETF (ZCSH), alongside a national campaign titled “Zcash: The Next Era of Crypto.” The firm plans to direct all sponsor fees from ZCSH’s first year of trading toward Zcash development, marketing and education, and to commit $1 million to nonprofits and projects advancing Zcash, with an initial $400,000 already disbursed in $100,000 grants to the Zcash Foundation, Pretty Good Policy for Zcash, Shielded Labs and Project Tachyon.