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Zcash Foundation Reports $36.7 Million in Liquid Assets as SEC Ends Probe

Zcash Foundation Reports $36.7 Million in Liquid Assets as SEC Ends Probe

The Zcash Foundation said it held $36.69 million in net liquid assets at the end of March 2026, while the SEC closed its years-long ZEC investigation without enforcement action and ZEC rose more than 15%.

ZEC

Fact Check
All three core claims in the headline are directly verified by primary and authoritative sources. (1) The $36.7M liquid assets figure is confirmed to the dollar ($36,701,379) by the official Zcash Foundation Q1 2026 PDF and corroborated by The Block's dedicated article ($36.69M, a rounding difference). (2) The SEC probe ending is confirmed by The Block's January 14, 2026 article and the Q1 2026 PDF itself, which states the SEC concluded its investigation (opened August 2023) without enforcement action. (3) The ZEC price near $570 and 160% rebound are corroborated by Crypto Briefing (citing $573 at press time, 160%+ since late March 2026). The only immaterial imprecision is '$570' vs the more precise '$573' at press time. No conflicting evidence was found across any source.
Summary

The Zcash Foundation said in its Q1 2026 report that it held $36.69 million in net liquid assets at the end of March 2026 and maintained average monthly spending of $270,000, or about $817,000 for the quarter. The organization also said the U.S. Securities and Exchange Commission formally ended its years-long investigation into ZEC without enforcement action, removing a regulatory overhang for the privacy-focused cryptocurrency. The foundation highlighted stable network operations and conservative treasury management during a governance transition, while ZEC rose more than 15% over 24 hours following the update.

Terms & Concepts
  • Liquid assets: Assets that can be readily accessed or converted into cash, such as cash balances, stablecoins, or actively traded tokens.
  • ZEC: The native cryptocurrency of Zcash, a blockchain focused on privacy-preserving digital payments.
  • Privacy coin: A cryptocurrency designed to obscure transaction details, typically offering stronger on-chain privacy than standard blockchain transfers.