---
title: "Key facts: Zcash Foundation $36.7M; Jain Discloses Stake; Hayes 10% BTC"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287062810.md"
description: "The Zcash Foundation reported holding approximately $36.7M in liquid assets as of March 31. Tushar Jain of Multicoin Capital disclosed a significant personal stake in Zcash, highlighting its potential for institutional adoption. Arthur Hayes speculated that ZEC could achieve a market cap close to 10% of Bitcoin's in the long term, though no short-term price forecast was provided."
datetime: "2026-05-20T12:14:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287062810.md)
  - [en](https://longbridge.com/en/news/287062810.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287062810.md)
---

# Key facts: Zcash Foundation $36.7M; Jain Discloses Stake; Hayes 10% BTC

-   ZECUSD update: Zcash Foundation held ~$36.7M liquid assets (Mar 31). NU7 prep ongoing. Zebra node releases v4.0.0/v4.3.0, Z3 stack, FROST v3 signing, new Rust DNS seeders.1
-   Multicoin Capital co-founder Tushar Jain revealed a sizable personal stake in Zcash (ZECUSD), saying its optional privacy model may aid institutional adoption versus fully private coins.2
-   Arthur Hayes suggested ZEC could reach a market cap near 10% of Bitcoin’s in a long-term, speculative scenario. No near-term price forecast was given.3

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