Flash News

Multicoin Capital: The release of large amounts of hype is not for sale, and chain privacy is essential to the institution

On 23 July, according to information received, Tushar Jain, the management partner of Multicoin Capital, stated that his team had released large amounts of hype yesterday, but that this was not for sale. He noted that the continued tracking of money flows along the chain required the team to change wallet addresses on a regular basis, which also highlighted the importance of privacy in the operation of institutional funds. He further stated that, in order for institutions to operate with capital on the chain, privacy capacity was key, and therefore it continued to look after Zama and Zcash. Among them, Zama was seen as an infrastructure that could promote privateization and decentrize financial development, while Zcash was defined as the leading public chain of storage of privacy values。

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