Overview
- The 3,221 ZEC donation was reported at roughly $1.2 million to $1.4 million depending on ZEC’s price at publication time.
- Shielded Labs confirmed receipt and said it will direct the funds to core protocol work while operating independently of Zcash’s Development Fund and block rewards.
- This marks the brothers’ second contribution to the group since 2023, following earlier support that helped establish a dedicated Crosslink team.
- Beyond philanthropy, Gemini supports Zcash by enabling shielded withdrawals and integrating the Orchard privacy protocol.
- The twins also back Cypherpunk Technologies, which holds about 290,062 ZEC, aligning their financial interests with Zcash’s development.