Zcash Foundation reported $36.6M in liquid assets and just $817K in Q1 2025 expenses, while the SEC closed a two-year probe with no enforcement action.

Zcash Foundation’s Q1 report highlighted SEC clarity and network upgrades as ZEC trades near $570 after a 160% rebound.

Zcash Foundation Q1 operating expenses came in at about $817,000, with team compensation as the largest category.