Investment fund Paradigm, founded by Matt Huang, has officially confirmed holding ZEC in its portfolio, having also supported ZCash Open Development Lab (ZOLD) during its 25 million dollar seed funding round in May. This revelation comes as ZEC price surged 20% over the past 24 hours, breaking above the 1,350 dollar threshold. This rally is also driven by the overwhelmingly approved « NU7 » community vote, which greenlights faster blocks and the maintenance of Bitcoin-style halving schedule. ZOLD’s funding round had already attracted major investors including a16z crypto, Winklevoss Capital, and Coinbase Ventures.
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