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

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…