Key Takeaways
What’s the latest update on Zcash?
Reliance Global Group has shifted its entire DAT into Zcash.
Is ZEC at risk after its 20% weekly drop?
Despite the decline, the sell-off may be slowing.
Zcash [ZEC] may have spent the week bleeding nearly 20%, but not everyone is worried.
A new digital asset treasury (DAT) update has put good momentum behind the privacy coin, so there’s more than the price chart lets on.
Here’s the latest rundown.
A big DAT bet on Zcash
Reliance Global Group has shifted its entire DAT into ZEC, exiting all other holdings. The decision came after a full strategic review led by its Crypto Advisory Board, which concluded that ZEC offered the strongest long-term value.


Source: Reliance Global Group
In a recent statement, the company talked of Zcash’s privacy features, Bitcoin-based architecture, and compliance-ready design as core advantages.
AMBCrypto previously reported that Zcash has surged massively over the past three months, so the company’s confidence isn’t completely unforeseen.
Ezra Beyman, Chairman and CEO of Reliance Global Group, said,
“As we evaluated the rapidly evolving digital asset landscape, it became clear that Zcash’s privacy architecture and institutional flexibility align more closely with our vision than a diversified crypto portfolio.”
Under pressure
Source: https://ambcrypto.com/zcash-a-20-crash-and-yet-a-full-treasury-bet-zec-gets-a-big-push/





