Cameron and Tyler Winklevoss, commonly known as the Winklevoss twins, have contributed nearly $1.2 million worth of Zcash (ZEC) to support independent Zcash development.
The Winklevoss twins, also the founders of the Gemini crypto platform, sent 3,221 ZEC coins to Shielded Labs, Zcash Foundation’s independent donation-funded support organization. Shielded Labs announced that it has received a significant donation from the Winklevoss twins.
Winklevoss twins’ ZEC coin donations to improve core protocol
The donation helps Zcash to bolster its protocol-level infrastructure, such as Network Sustainability Mechanism (NSM), Dynamic fees, and Crosslink. To note, these three initiatives are key projects under Shielded Labs, which focuses on powering the Zcash network with sustainability, long-term security, and scalability.
NSM makes sure of the long-term funding for Zcash development, and Crosslink, a protocol-level feature, reinforces interoperability between the Zcash blockchain and others. Meanwhile, the Dynamic fees project adjusts transaction fees according to the network conditions.
An official post by Shielded Labs read that the Winklevoss twins have frequently “demonstrated leadership” through the Gemini crypto platform to support the Zcash network.
“A healthy Zcash ecosystem depends on multiple independent organizations contributing at the protocol level. Shielded Labs plays an important role in that effort, and we’re glad to support their work,” said Tyler Winklevoss.
Winklevoss twins have been supporting Zcash for several years, as they believe “strong privacy is an essential property of sound money.” “Shielded Labs is doing important work at the protocol level,” added Cameron Winklevoss.
Supporting Zcash, back in November 2025, the Winklevoss twins said that Bitcoin is where people store value, and Zcash is where they spend value.
The news comes amid the Zcash Foundation’s addition of the Rust DNS seeder to its network for more reliability.
Gemini’s Winklevoss twins’ crypto strides are notable
Winklevoss twins entered the blockchain space as early adopters of Bitcoin. They co-founded the Gemini crypto exchange in 2014, and the exchange is recognized for its strict compliance with US regulations.
The twin brothers also got intothe stablecoin movement after launching Gemini Dollar (GUSD) in 2018