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

Benzinga_recent_news11-25

Reliance Global Group, Inc. (NASDAQ:RELI) on Tuesday announced that it has completed a strategic realignment of its Digital Asset Treasury (DAT) by consolidating its digital asset position into Zcash...

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it puts the control in the hands of the asset owners.\nThese attributes make Zcash a strong strategic fit for Reliance's long-term Digital Asset Treasury, leading the company to adopt a focused, single-asset approach.\nZcash maintains Bitcoin's unspent transaction output (UTXO) structure and fixed supply but integrates advanced, purpose-built privacy technology.\nUsers can transact transparently for auditability or use shielded transactions, enabling confidentiality.\nZcash's deployment of Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARK), with upgrades like Sapling and Halo 2, makes private transactions faster and more efficient.\nInstitutions can share transaction details with auditors or regulators without fear of leaking sensitive data.\nZcash supports organizations that manage competitive information, cross-border flows, or sensitive financial activities while maintaining strong governance alignment.\nPrice Action: RELI stock closed higher by 11.76% at $0.7205 on Monday.\nRead Next:\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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