Grayscale has committed $1 million to support Zcash (ZEC), alongside launching its Zcash Invest platform.

The funding will support nonprofit organisations and initiatives focused on developing the Zcash network.

“We believe Zcash will help define the next era of crypto,” Grayscale Head of Index Steve Vanourny said in a statement.

Grayscale has already awarded $400,000 through four equal grants of $100,000 to ecosystem organisations.

The recipients include Zcash Foundation, Pretty Good Policy for Zcash, Shielded Labs and Project Tachyon.

The campaign also promotes the Grayscale Zcash ETF (ZCSH), which began trading on NYSE Arca on 25 August 2026.

Grayscale intends to direct 100% of ZCSH’s sponsor fees towards Zcash development, marketing…