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via The Block · By The Block Editorial

Zcash Foundation ends Q1 with $36.69M in liquid assets and operating expenses of $817K

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The Block Editorial

(06:49 PM UTC)

1 min read

Updated byDavid Kim

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The Zcash Foundation disclosed it ended the first quarter of the year with $36.69 million worth of liquid assets, including $21 million worth of (ZEC), $12.6 million worth of cash and USDC, and lesser amounts of bitcoin and ETH.

First-quarter operating expenses totaled about $817,000, with team compensation the largest category. The latest disclosure aligns with previous Zcash Foundation…

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