ZEC drops 7.45% over the past week as Reliance Global Group merges its treasury with Zcash

As of November 26, 2025, ZEC experienced a 0.32% decrease over the past day, settling at $509.18. Over the last week, ZEC fell by 7.45%, but it climbed 25.95% in the past month and soared 805.72% over the previous year.

Reliance Global Group Transitions Treasury Holdings Exclusively to Zcash

Reliance Global Group (RELI) has fully restructured its Digital Asset Treasury (DAT), liquidating all previous assets and reallocating entirely to

(ZEC). This represents a significant shift away from a previously diversified asset mix—which included (BTC), (ETH), (ADA), and —to a concentrated investment in Zcash. The company’s Crypto Advisory Board, chaired by Blake Janover, cited Zcash’s UTXO structure based on Bitcoin, its optional privacy mechanisms, and its pioneering work in zero-knowledge cryptography (such as Sapling and Halo 2) as decisive factors in this move.

Zcash’s support for both transparent and shielded transactions fits Reliance’s requirements for institutional-level compliance. The company pointed to Zcash’s ability to selectively disclose information as a strategic benefit, enabling regulatory openness while preserving user privacy when needed.

Recent Zcash Performance and Strategic Justification

Over the last 90 days, Zcash has surged by more than 1,200%, strengthening its reputation as a high-performing privacy asset. Reliance’s choice reflects its trust in Zcash’s capacity for both technological advancement and institutional use. The firm highlighted that Zcash’s design is well-suited for sensitive operations like cross-border payments and compliance-driven transactions, making it a strong candidate for centralized treasury management.

By consolidating into Zcash, Reliance increases its potential for gains but also faces greater concentration risk. The company has acknowledged challenges such as crypto market fluctuations, liquidity concerns, and regulatory ambiguity—especially regarding privacy coins—as significant considerations for its updated approach.

Impact on Institutional Adoption and Oversight

This reallocation mirrors a wider movement among institutions seeking digital assets that combine privacy features with compliance capabilities. Reliance’s embrace of Zcash underscores the rising institutional appreciation for privacy tools that still allow for auditing. The company referenced Zcash’s ongoing upgrades and advancements in zero-knowledge proofs as further evidence of its readiness for institutional adoption.

Nevertheless, this strategy introduces new governance, custody, and regulatory challenges. Reliance must maintain strong compliance measures to manage its Zcash assets within the context of a publicly traded company. The firm has stated it will provide updates on its holdings through SEC filings and board reports, which are vital for maintaining transparency and investor trust.

Market Response and Future Prospects

Although Zcash’s 7.45% decline over the past week may indicate short-term volatility, its 25.95% monthly increase and 805.72% annual growth highlight its long-term strength. Reliance’s move is expected to draw more attention to Zcash’s market performance, especially as privacy-oriented assets gain momentum among institutional investors.

Market participants will be monitoring Reliance’s upcoming quarterly disclosures for more details on the size, acquisition cost, and results of its Zcash investment. The company’s auditor and SEC reports will be crucial in shaping public perception of this new treasury strategy.

Zcash’s Role in the Evolution of Privacy-Focused Digital Assets

The decision by

Group to move into Zcash reflects a growing trend of public companies adopting privacy-oriented cryptocurrencies. Zcash’s infrastructure enables selective transparency, making it a potential bridge between privacy and regulatory compliance. As more organizations consider similar reallocations, Zcash’s influence in the digital asset landscape could expand, particularly if its technology continues to meet regulatory standards.

However, Reliance’s approach is not without its risks. The company has clearly identified possible obstacles, including changes in regulation and market instability, stressing the importance of continuous risk assessment. As Zcash maintains its position as a leading privacy coin, its performance will serve as a key measure of the broader acceptance of private, yet institutionally compatible, digital assets.