US-listed company Reliance Global consolidates all its digital asset reserves into Zcash

Jinse Finance reported, citing official sources, that insurance technology company Reliance Global Group, Inc. (NASDAQ: RELI) has announced the completion of a strategic adjustment to its digital asset reserves, consolidating its digital assets into Zcash (ZEC). The company has fully liquidated its previously held assets and reallocated the proceeds into Zcash. The company stated that it found Zcash's privacy architecture and institutional flexibility to be more aligned with its vision than a diversified crypto investment portfolio.