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Multicoin Capital: The removal of a large amount of HYPE from staking is not for selling; on-chain privacy is crucial for institutions
He further said that if institutions want to conduct capital operations on-chain, privacy capabilities are key, so he continues to be bullish on Zama and Zcash. Among them, Zama is viewed by him as infrastructure that can help drive private, decentralized finance, while Zcash is defined as a leading privacy-value storage public chain.