Zcash Surges 37% Following Multicoin Capital's Investment

Zcash (ZEC) surged over 37% in a single day after crypto investment firm MultiCoin Capital disclosed building a significant position in the privacy coin. The rally was fueled by Tushar Jain, co-founder of MultiCoin, who highlighted Zcash as aligning with cypherpunk ideals and offering protection against political risks like wealth seizures.

By Akash Girimath Wed, May 6, 2026 at 3:06 PM GMT+3 3 min read · Yahoo Finance · May 6, 2026, 12:06 UTC

Topics: Multicoin Capital price surge privacy coins Zcash

Read the full article at Yahoo Finance

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