Privacy wallet Cake adds support for Zcash

Cake Wallet, a privacy-focused cryptocurrency wallet, has added Zcash (ZEC) to its list of supported assets, The Block reported. While primarily known as a Monero (XMR) wallet, the company is expanding to become a comprehensive privacy platform. The integration defaults to Zcash's shielded transactions, which encrypt transfer addresses and amounts. The wallet also offers a privacy-preserving cross-chain swap feature called NEAR Intents.