Multicoin goes big on zcash as privacy trade returns
Key takeaways
- He said bitcoin BTC$82.414,95 can withstand protocol-level freezes, but public ownership still leaves holders exposed if a government, creditor or other actor can connect coins to a person.
- “Multicoin has bought a significant position in Zcash to express that thesis,” Jain said during the panel.
- The disclosure marks a shift for Multicoin, which argued in a 2019 essay that “privacy is a feature of valuable cryptocurrencies, not a product offering in and of itself.”
Delen Deel dit artikel Kopieer link X icon X (Twitter)Linked In Facebook E-mail Multicoin goes big on zcash as privacy trade returns. The purchase marks a shift from Multicoin’s 2019 view, as ZEC has surged over 1,500% in the last year.Door Francisco Rodrigues|Bewerkt door Omkar Godbole 6 mei 2026, 11:05 a..m.. 2 min read Vertaald door AIMake preferred on Multicoin bets big on zcash. (Coin Desk)What to know: 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 a “significant position” in zcash (ZEC), Co-Founder and Managing Partner Tushar Jain said at Consensus Miami, linking the purchase to a view that private stores of value will matter more as finance moves on-chain.
Jain did not disclose the size of the position. He said bitcoin BTC$82.414,95 can withstand protocol-level freezes, but public ownership still leaves holders exposed if a government, creditor or other actor can connect coins to a person. By contrast, tokens with built-in privacy features, such as ZEC, aim to mitigate that risk by obscuring transaction details and user identities.
“Multicoin has bought a significant position in Zcash to express that thesis,” Jain said during the panel.