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A16z: Privacy protection is returning to the spotlight and will gain even greater momentum in the future

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2025-10-23 03:47:31
A16z released its latest crypto report, noting that privacy protection is returning to the spotlight and may become a prerequisite for large-scale adoption. Signs of increased attention include: a surge in Google searches related to crypto privacy in 2025; Zcash's blocked pool supply growing to nearly 4 million ZEC; Railgun's monthly transaction traffic surpassing $200 million.
At the same time, the Ethereum Foundation established a new privacy team; Paxos partnered with Aleo to launch a private and compliant stablecoin (USAD); and the Office of Foreign Assets Control lifted sanctions on decentralized privacy protocol Tornado Cash. We expect this trend to gain even more momentum in the coming years as crypto continues to go mainstream.
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