BBX: Grayscale ZCSH listed on the New York Stock Exchange, copper valuation shrinks by 90%

BBX News: Yesterday, the global capital market delivered a clear answer to the boundary between the securitization process of encrypted assets and the valuation reshaping of native infrastructure. Without the noise of emotions, the market is completing a new round of value discovery through the listing bells of mainstream exchanges and the cold quotes of the primary market: ——Privacy asset compliance: Grayscale promotes the listing of Zcash spot ETF (ZCSH) on the New York Stock Exchange Arca, creating a new compliance paradigm where management fees are fully repaid to the underlying ecosystem. ——Connecting traditional securities infrastructure: Sui collaborates with tZERO to introduce Wall Street standard processes such as asset issuance, matching and clearing into high-performance public chains. ——Capital repricing: The valuation of veteran custody giant Copper plummeted from $2.5 billion to $200 million; Asset management firm RockawayX raised $150 million against the trend to increase its liquidity fund. The market presents a clear dual evolutionary trend of "high potential public chains and privacy assets accelerating their integration into the mainstream securities system on Wall Street" and "single infrastructure service providers lacking composite hematopoietic capabilities facing brutal valuation clearing". Source: bbx.com