Barry Silbert: Bitcoin Validates $2 Trillion Demand, Zcash to Benefit from Privacy Needs

According to Arkham monitoring data, the on chain wallet address of Morgan Stanley Bitcoin Trust, a spot Bitcoin ETF under Morgan Stanley, increased its holdings of 286.693 BTC worth $225 million through Coinbase yesterday. As of now, the fund holds a total of 2620 bitcoins worth approximately $204 million.

DCG founder Barry Silbert posted on the X platform, stating that in 2015, the market did not realize the $2 trillion global demand for decentralized digital value storage tools like Bitcoin. At the time, the industry believed Bitcoin already had privacy features and could serve as a private global value storage and transfer tool. Today, market awareness has improved, and privacy needs are more clearly recognized. Privacy coins like Zcash will benefit from the 'prophetic advantage.'

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According to CriptoNoticias, the National Securities Commission (CNV) of Argentina has proposed General Resolution 1137, which plans to expand the scope of RWA tokenization regulations and allow more financial instruments to operate using distributed ledger technology. The new resolution cancels the current legal restrictions on the digitization of specific financial instruments and supports closed-end mutual funds with automatic public issuance authorization to switch to digital asset formats. In addition, the regulatory sandbox period will be extended until December 31, 2027.

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