Reliance Global Group Increases Zcash (ZEC) Position Through Additional Cash Deployment

Core Insights - Reliance Global Group has increased its investment in Zcash (ZEC) as part of its Digital Asset Treasury strategy, indicating confidence in ZEC's role within the company's long-term financial framework [1][3] - The architecture of Zcash, which combines Bitcoin-based security with optional privacy features, positions it as a leading privacy-preserving digital asset, aligning with regulatory and institutional needs [2][3] Company Strategy - The decision to deploy additional cash into Zcash is supported by ongoing analysis, reinforcing ZEC as the primary digital asset within Reliance's treasury strategy [3] - The company aims to provide clarity around its digital asset approach and participate in the evolution of privacy-enabled, compliance-ready digital assets, aligning with long-term value creation objectives [3] Technological Features - Zcash's dual-transaction model allows for both transparent and confidential transactions, which is seen as increasingly important as digital assets mature and institutional participation grows [2][3] - The privacy-preserving features of Zcash are believed to support the maturation of digital asset markets, making it a strategic choice for Reliance [3]