Arthur Hayes Highlights Zcash's Prominence
BitMEX co-founder Arthur Hayes has revealed a significant development in his cryptocurrency investment strategy. Hayes has stated that Zcash (ZEC) has ascended to become the second-largest liquid asset within his family office, Maelstrom, trailing only Bitcoin. This strategic allocation underscores a growing sentiment favoring privacy-centric cryptocurrencies, with Hayes now positioning ZEC as a foundational element of his investment portfolio.
He elaborated on this shift, noting, "Due to the rapid ascent in price, ZEC is now the 2nd largest liquid holding in the Maelstrom portfolio."
The Appeal of Privacy in Digital Assets
Zcash is widely recognized for its robust privacy features, which enable shielded transactions that effectively obscure the sender, receiver, and the transaction's value. In an era marked by increasing global concerns regarding financial surveillance, these privacy-enhancing capabilities are attracting renewed interest from investors.
ZEC Price Surges to Multi-Year High
Recently, Zcash experienced a substantial price surge, reaching approximately $750. This marks the highest price point for ZEC since 2018. The current rally is largely attributed to a strengthening narrative around privacy coins within the broader cryptocurrency market.
Market analysts suggest that this upward momentum could persist, driven by increasing demand for financial privacy, particularly among institutional investors and high-net-worth individuals seeking a more confidential method for holding digital assets.
Hayes has consistently been a proponent of privacy coins, having previously expressed his belief that assets like Zcash could become indispensable in a future where digital transactions face heightened monitoring. His substantial investment and portfolio reallocation now serve as a powerful endorsement for ZEC.
BitMEX co-founder Arthur Hayes posted that Zcash (ZEC) has become the second-largest crypto asset in his family office Maelstrom’s portfolio, behind only Bitcoin. Driven by the privacy-trading narrative, ZEC has recently surged to around $750, marking its highest level since…
— Wu Blockchain (@WuBlockchain) November 8, 2025
Privacy Coins Gaining Market Traction
The wider cryptocurrency market is increasingly acknowledging the significance of privacy-focused tokens such as Zcash and Monero. Despite ongoing regulatory scrutiny, the demand for anonymous transactions is demonstrably on the rise.
Zcash's recent price appreciation and its elevated position within Hayes' Maelstrom portfolio highlight a developing trend: investors are placing growing value not only on decentralization but also on confidentiality.
With one of the most influential figures in the crypto space making a significant investment, Zcash's prospects appear more robust than they have been in recent years.

