A large amount of $HYPE HYPE was released from lockup by the Multicoin Capital team, but it was not done for the purpose of selling, according to what managing partner Tushar Jain said.

Jain explained that this move reflects a broader challenge around privacy, where the movement of funds remains traceable, forcing institutions to constantly change the addresses of their wallets in order to keep their operations confidential.

He stressed that privacy is not a luxury but a necessity for institutions to carry out their business normally, which led him to invest in projects such as ZAMA$ZAMA and ZEC$ZEC . As financial markets gradually move onto the blockchain, Jain believes demand for privacy solutions will increase significantly.
#HYPE! #Zama #.ZEC