Weekly Project Updates: LayerZero Exchange Launch, Grayscale Zcash ETF, and Ethena Ecosystem Changes

LayerZero plans to launch a blockchain-based exchange for financial institutions this fall, integrated with its upcoming Zero Layer 1 blockchain and partnerships with firms like Citadel Securities and DTCC. Grayscale has officially debuted the Zcash ETF (ZCSH) on NYSE Arca, marking the first US-listed product for ZEC with approximately $314 million in assets under management. Meanwhile, the Ethena Foundation announced four major updates, including the buyback of locked tokens from seed investors, a new framework ensuring protocol intellectual property and c