Arthur Hayes, co-founder of BitMEX, revealed that Zcash (ZEC) has become the second-largest holding in his family office, Maelstrom, after Bitcoin. The announcement coincided with a sharp rise in ZEC’s price — climbing to around $750, its highest level since 2018, according to Wu Blockchain.
Zcash Makes a Strong Comeback
Zcash, known for its advanced privacy features, is regaining attention in the crypto market. Unlike Bitcoin, ZEC enables users to conceal transaction details while maintaining blockchain verification. This privacy capability has made it especially appealing to investors seeking anonymity amid growing global financial oversight.
The coin’s price has rallied sharply in recent weeks, driven by renewed interest in privacy-focused cryptocurrencies. Analysts attribute the surge not only to increased investor demand for privacy but also to heightened concerns over data protection and digital security.
Hayes Backs Privacy Coins
Arthur Hayes, co-founder of BitMEX, recently praised Zcash for its rapid growth and long-term potential. “Due to the rapid ascent in price, ZEC is now the second-largest liquid holding in the Maelstrom portfolio,” Hayes noted.
A long-time advocate of financial decentralization and privacy, Hayes’ investment underscores his belief that privacy coins will play a vital role in the future of digital assets. Market observers suggest that his endorsement could inspire greater institutional interest in Zcash and similar projects.
Zcash’s Road from 2018 to Today
Launched in 2016, Zcash introduced the groundbreaking zero-knowledge proof technology, allowing users to verify transactions without revealing sensitive information.
After an initial surge, the coin lost significant value following the 2017–2018 crypto downturn, leading many to question its long-term viability. Now, after years of relative quiet, Zcash has re-emerged as privacy concerns gain traction across global markets.
The recent comeback reflects a shifting investor mindset: as governments tighten regulations and digital surveillance expands, privacy-focused assets like Zcash are being viewed as essential tools for financial autonomy.
The Broader Market Impact
Hayes’ move signals a broader evolution in crypto investing. While Bitcoin remains the dominant store of value, privacy-oriented coins are drawing renewed interest for their unique utility.
Zcash’s strong rally and prominent backing highlight how privacy and data protection are becoming key investment themes in the digital asset space. Investors are increasingly seeking not only performance but also technologies that safeguard user identity and freedom.
If current momentum continues, Zcash could be poised for its strongest performance in years—cementing its place as a leading privacy coin in a market that’s growing ever more conscious of digital security and personal autonomy.
