ZEC -7.45% in 7 Days as Reliance Global Group Consolidates Treasury Into Zcash

On NOV 26 2025, ZEC dropped by 0.32% within 24 hours to reach $509.18, ZEC dropped by 7.45% within 7 days, rose by 25.95% within 1 month, and rose by 805.72% within 1 year.

Reliance Global Group Shifts to Zcash in Strategic Treasury Realignment

Reliance Global Group (RELI) has executed a complete realignment of its Digital Asset Treasury (DAT), exiting all prior holdings and consolidating its assets into Zcash (ZEC). This move marks a strategic pivot from a diversified portfolio, which included Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and XRP, to a focused position in Zcash. The decision was driven by the company’s Crypto Advisory Board, led by Chairman Blake Janover, who highlighted Zcash’s Bitcoin-based UTXO architecture, optional privacy features, and leadership in zero-knowledge cryptography (Sapling, Halo 2) as key differentiators.

Zcash’s dual-transaction model, supporting both transparent and shielded transactions, aligns with Reliance’s institutional-grade compliance needs. The company emphasized Zcash’s selective disclosure capabilities as a strategic advantage, allowing for regulatory transparency while maintaining user privacy when necessary.

Zcash’s Recent Performance and Strategic Rationale

Zcash has appreciated by over 1,200% in the past 90 days, reinforcing its appeal as a high-performance privacy-centric asset. Reliance’s decision underscores confidence in Zcash’s ability to deliver both technological innovation and institutional utility. The company noted that Zcash’s architecture allows for sensitive operations such as cross-border transfers and compliance-driven financial activity, making it an attractive candidate for a centralized treasury strategy.

The consolidation into Zcash increases exposure to the asset’s upside potential but also heightens concentration risk. Reliance has flagged factors such as crypto market volatility, illiquidity, and regulatory uncertainty—particularly for privacy coins—as key risks to its new strategy.

Implications for Institutional Adoption and Governance

The reallocation reflects a broader trend of institutional players seeking privacy-enabled, compliance-ready digital assets. Reliance’s adoption of Zcash highlights the growing institutional recognition of privacy features that do not compromise auditability. The company cited Zcash’s upgrades and its ongoing innovation in zero-knowledge proofs as further indicators of its institutional readiness.

However, the decision also raises governance, custody, and regulatory considerations. Reliance will need to ensure robust compliance processes to manage its Zcash holdings within a public company framework. The company has indicated plans to monitor and report on the position through SEC filings and board disclosures, which will be critical for transparency and investor confidence.

Market Reaction and Forward Outlook

While Zcash’s 7-day price drop of 7.45% may reflect short-term market corrections, its 1-month gain of 25.95% and year-over-year surge of 805.72% demonstrate long-term resilience. Reliance’s decision is likely to draw attention to Zcash’s market trajectory, particularly as privacy-focused assets continue to gain institutional traction.

Investors will be watching for Reliance’s next quarterly reports for further insight into the size, cost basis, and performance of its Zcash holdings. The company’s auditor and SEC disclosures will play a key role in shaping perceptions of its new treasury approach.

Zcash and the Future of Privacy-Enhanced Digital Assets

The move by Reliance Global Group into Zcash signals a growing acceptance of privacy-centric cryptocurrencies among public companies. Zcash’s architecture allows for selective transparency, positioning it as a bridge between privacy and compliance. As more institutions explore similar reallocations, Zcash’s role in the digital asset ecosystem may expand further, particularly if its technology continues to align with regulatory expectations.

Reliance’s decision, however, is not without risk. The company explicitly outlined potential challenges, including regulatory shifts and market volatility, emphasizing the need for ongoing risk management. As Zcash continues its trajectory as a leading privacy coin, its performance will be a key indicator of the broader adoption of private, yet institution-ready, digital assets.