News
US-listed company Reliance sells previously held digital assets and reallocates to Zcash (ZEC)
According to Foresight News, U.S. stock listed company Reliance Global Group (Nasdaq: RELI) announced that it has completed the strategic adjustment of its digital asset treasury (DAT) and positioned Zcash as the crypto reserve asset in the company's future digital asset library. It said it had sold its previously held DAT assets and reallocated the proceeds to Zcash (ZEC). The specific amount was not disclosed.
Foresight News previously reported that Reliance had previously purchased ADA and ETH in its DAT strategy, and the specific amount was not disclosed.
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