Core Viewpoint - Reliance Global Group has increased its investment in Zcash (ZEC) as part of its Digital Asset Treasury strategy, believing that ZEC is a resilient and adaptable digital asset suitable for institutional use [1][2][3] Group 1: Investment Strategy - The additional allocation to ZEC reflects the company's view that it can play a significant role in long-term treasury management [1][2] - Reliance's decision is based on the belief that Zcash's dual architecture offers both transparency and privacy, making it appealing for organizations in regulated environments [2][3] - The company anticipates that as digital assets evolve, there will be a greater focus on balancing confidentiality with compliance, positioning Zcash favorably in this context [3] Group 2: Management Insights - Moshe Fishman, Director of Insurtech, emphasized that ZEC's combination of optional transparency and a practical privacy model provides institutions with necessary flexibility while adhering to governance and compliance standards [3] - Ezra Beyman, Chairman and CEO, stated that privacy is a crucial aspect of modern financial infrastructure, and ZEC is one of the networks that effectively addresses this challenge [3] Group 3: Future Outlook - The company expects that its participation in the Zcash ecosystem will allow it to benefit from the growing institutional and commercial adoption of digital assets [4] - Reliance believes that Zcash's technology, particularly its privacy features, will contribute to the resilience and growth potential of its treasury portfolio [4]
Reliance Global Group (RELI) Adds to Zcash (ZEC) Position, and Continues Implementing Its Institutional ZEC Adoption Strategy