Nasdaq-listed Reliance Global Group adopts ZEC-based financial strategy

U.S. Nasdaq-listed insurance technology firm Reliance Global Group has announced it is pursuing a Zcash (ZEC)-based financial strategy. As part of this initiative, the company sold all of its existing digital assets and used the proceeds to purchase ZEC. The specific value of the transaction was not disclosed. The move follows a previous announcement from Reliance in September that it planned to purchase $120 million in cryptocurrency.