Reliance Global Group, a Nasdaq-listed company, has announced a strategic pivot in its corporate treasury, focusing exclusively on Zcash (ZEC). The decision is part of a broader digital asset strategy that capitalizes on Zcash's privacy features and robust security akin to Bitcoin. Moshe Fishman, the company's Insurtech director, emphasized that their analysis supports ZEC as the primary digital asset for exposure. Zcash has experienced a significant surge, rising over 800% in the past year and currently trading above $500. In a related move, Cypherpunk Technologies, formerly Leap Therapeutics, plans to acquire over 203,000 ZEC coins, backed by a $50 million funding initiative.