Barry Silbert, CEO of cryptocurrency conglomerate Digital Currency Group, hailed the growth of financial privacy on Wednesday after mining giant Foundry announced plans to launch a Zcash (CRYPTO: ZEC) mining pool.

A Mining Pool For ZEC?

“With the launch of our Zcash pool, we are bringing to Zcash the same compliance, transparency, and operational excellence that made Foundry USA Pool the trusted standard for Bitcoin miners,” said Mike Colyer, CEO of Foundry.

Silbert, whose conglomerate is the parent company of Foundry, cheered the development, adding, “Financial privacy will become more important as digital assets integrate with the traditional financial system.”

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