US-listed company Reliance sells previously held digital assets and reallocates to Zcash (ZEC)
Foresight News reported that US-listed company Reliance Global Group (NASDAQ: RELI) has announced the completion of a strategic adjustment to its Digital Asset Treasury (DAT), positioning Zcash as the crypto reserve asset in its future digital asset treasury. The company stated that it has sold its previously held DAT assets and reallocated the proceeds to Zcash (ZEC), with the specific amount undisclosed.
According to a previous Foresight News report, Reliance had previously purchased ADA and ETH as part of its DAT strategy, with the specific amounts undisclosed.
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