Grayscale pledges $1 million to Zcash ecosystem as ZEC price drops

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Grayscale pledges $1 million to Zcash ecosystem as ZEC price drops
Grayscale committed $1 million to Zcash ecosystem nonprofits and launched a national ad campaign as ZEC fell over 11%. The move comes as Grayscale's Zcash ETF faces ongoing withdrawals.
Why it matters: Grayscale's investment and advertising efforts aim to support Zcash's development and promote its privacy features during a period of declining value.
Sources: Bitcoin.com News · The Block · Decrypt

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