Zcash Foundation Q1 Report Shows $36.7M Treasury Dominated by ZEC

The Zcash Foundation disclosed in its Tuesday Q1 report that it held about $36.7 million in net liquid assets as of March 31.

The breakdown shows that the largest share of the treasury was held in 85,412.34 Zcash (ZEC), valued at roughly $21.2 million. Alongside this primary holding, the foundation also reported $12.1 million in cash, 506,556 USD Coin (USDC), 41.8 Bitcoin (BTC), and 12.02 Ethereum (ETH), completing a diversified treasury mix.

Source: Zcash Foundation Q1 Report