EXCLUSIVE: Reliance Global Moves All Digital Assets Into Privacy-Focused Zcash

Core Insights - Reliance Global Group, Inc. has completed a strategic realignment of its Digital Asset Treasury by consolidating its digital asset position into Zcash (ZEC) [1] - The decision was made after a comprehensive strategic review, indicating that Zcash offers the most compelling opportunity for a long-term digital asset strategy [2] Group 1: Strategic Decision - The company has fully exited its prior holdings and reallocated the proceeds into Zcash, a leading privacy-preserving cryptocurrency [1] - The analysis highlighted Zcash's privacy-centric architecture as a more attractive value proposition for shareholders compared to a diversified portfolio of digital assets [3] Group 2: Zcash Attributes - Zcash combines robust security, optional privacy, and institutional-grade flexibility, distinguishing it from other major blockchain networks [4] - Its dual-transaction model allows for both transparent and privacy-centric activities, providing organizations with confidentiality while meeting regulatory expectations [5] Group 3: Technological Advancements - Zcash employs Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARK), enhancing the efficiency of private transactions [6] - Institutions can share transaction details with auditors or regulators without compromising sensitive data, supporting organizations that manage competitive information or sensitive financial activities [6] Group 4: Market Reaction - Following the announcement, RELI stock closed higher by 11.76% at $0.7205 [7]