Circle, a cryptocurrency-focused financial-services firm, announced on Monday that it would be adding Zcash to its list of offerings for its investment app.
Circle Invest platform’s users may now purchase and invest the cryptocurrency, the company explains in a new blog post. Zcash joins Bitcoin, Ethereum, Ethereum Classic and Litecoin in the list of available currencies through the app.
“Our mission for Circle Invest is to democratize access to investing in crypto assets for every consumer. Making the wider breadth of assets available on Circle Invest will continue to be a part of this mission, and of course doing our best to ensure that we bring the crypto without the cryptic to everyone, anywhere,” the startup wrote.
Product manager Rachel Mayer said that, “Circle has an established working group dedicated to finding the best crypto assets for our customers.” She declined to comment on why zcash was specifically chosen but added that tokens on the platform must be “consistent with our regulatory licensure”.