Institutions Join the Rush as Zcash Becomes the New Treasury Favorite

Two publicly traded companies, Reliance Global Group and Cypherpunk Technologies, significantly increased their exposure to Zcash (ZEC) in November, indicating a growing institutional interest in privacy-focused cryptocurrencies as treasury tools. Reliance Global liquidated all other crypto holdings to fully reallocate into ZEC, citing its technological superiority, optional privacy features, and strong performance relative to the broader market. Cypherpunk Technologies added $18 million in ZEC, bringing its total holdings to 1.43% of the total supply, and viewing Zcash as "digital privacy in asset form." This trend is supported by ZEC's strong price performance, surging over 300% since October while Bitcoin and Ethereum experienced double-digit losses, resulting in Cypherpunk holding significant unrealized profits, unlike many firms holding BTC or ETH.

(Source：BeInCrypto)