Zcash News Update: Reliance Shifts Entirely to Zcash, Citing Privacy and Regulatory Alignment

Reliance Global Group Shifts Entire Crypto Holdings to Zcash

Reliance Global Group, a publicly traded insurance technology company on Nasdaq, has made a significant change in its digital asset management. The firm has now consolidated all its cryptocurrency investments into Zcash (ZEC), moving away from its previous diversified portfolio that included Bitcoin, Ethereum, Cardano, and XRP.

This strategic realignment, revealed on November 25, signals a move from holding multiple digital assets to focusing exclusively on privacy-centric blockchain technology. The decision was guided by the company’s crypto advisory board, chaired by Blake Janover, which determined that Zcash’s unique dual-transaction system—offering both transparent and shielded transactions—better serves the needs of institutions and regulatory compliance.

The shift comes after a thorough strategic review that began in September 2025. During this period, Reliance had previously increased its exposure to leading cryptocurrencies. However, the board ultimately found that Zcash’s technical foundation, which builds upon Bitcoin’s UTXO model and incorporates advanced zero-knowledge proofs (zk-SNARKs), is more compatible with the long-term requirements for privacy and auditability in institutional settings.

A major factor in this transition was Zcash’s capability to allow selective sharing of transaction information with auditors or regulators, ensuring sensitive data remains protected while still meeting compliance standards.

Zcash’s Price Surge and Market Impact

Reliance’s move to Zcash coincides with a remarkable rally in the coin’s value, which has soared by more than 1,200% over the past three months—outpacing both Bitcoin and Ethereum. Market analysts link this surge to heightened institutional interest and the recent application for a Grayscale Zcash ETF, representing the first effort to introduce a privacy-oriented cryptocurrency to Wall Street through a spot fund.

Despite the inherent volatility of the crypto market, Reliance’s leadership highlighted that Zcash’s blend of transparency, robust security, and optional privacy makes it well-positioned to thrive as regulations evolve and institutional adoption grows.

Industry Reactions and Broader Trends

The company’s bold move has sparked discussion among industry experts. Some interpret Reliance’s decision as a forward-thinking wager on the future of privacy-focused digital assets, while others warn of the potential dangers associated with concentrating investments in a single, highly volatile cryptocurrency.

This strategic shift also mirrors a wider movement within the crypto sector, where organizations are increasingly seeking solutions that are ready for regulatory compliance in response to growing oversight.