Elliptic Adds Support for Zcash and ZEN Privacy Tokens
Elliptic, a cryptocurrency risk management firm, has launched support for privacy tokens Zcash and ZEN, meaning that businesses involved in the cryptocurrency space can bring those assets in, according to a press release. Elliptic’s addition of these new assets enables us to further grow our business by providing the ability to assess risk on transactions and meet regulators’ expectations.”.
Adding on to this is Tom Robinson, the Chief Scientist at Elliptic, who continued: “By providing blockchain monitoring support for privacy coins such as Zcash and ZEN, regulated financial institutions can now engage with this important class of cryptoasset in a safe and compliant way. This will help to expand access to privacy coins and support the growth of Genesis and other crypto exchanges that wish to expand their asset portfolio to attract new customers.”.
