ZenCash, a privacy platform for transactions, messaging and media, has recently drawn significant positive attention from Digital Currency Group (DCG), a major cryptocurrency investment firm and notable owner of popular crypto news site CoinDesk. Speaking at the Stocktoberfest East conference in New York City, DCG founder and CEO Barry Silbert revealed that ZenCash has made it onto the firm’s “conviction list,” which means that they have invested a “meaningful” amount of money into the project.

“I love the team,” Silbert said of ZenCash Wednesday, “I love the vision, and the community that we’ve gotten to know is incredibly passionate.”

ZenCash (ZEN) is a fork of Zclassic (itself a fork of Zcash), but with a few important differences, namely: secure messaging, a voting and proposal system and a 12% miner fee for the duration of the project.

Since the original article was published by CoinDesk, with the necessary disclaimer that Digital Currency Group owns CoinDesk as well, Silbert has tweeted multiple pro-ZenCash articles and messages, signaling his commitment to the ZenCash project.

ZenCash Is Now On Ledger Nano S Hardware Wallet Support! https://t.co/JVfDjEKxua via @zencashofficial — Barry Silbert (@barrysilbert) April 26, 2018