US-listed company Reliance Global has consolidated all of its digital asset reserves into Zcash.

Insurtech company Reliance Global Group, Inc. (NASDAQ: RELI) announced the completion of a strategic reorganization of its digital asset portfolio, consolidating its digital assets into Zcash (ZEC). The company has completely liquidated its previous holdings and reallocated the proceeds to Zcash. The company stated that it found Zcash's privacy architecture and institutional flexibility to be a better fit for its vision than a diversified crypto portfolio.