Zcash Foundation reports $36.69M in liquid assets and just $817K in Q1 operating expenses

The Zcash Foundation closed Q1 with $36.69 million in liquid assets — comprising $21 million in ZEC, $12.6 million in cash and USDC, and smaller holdings in BTC and ETH — while keeping operating expenses to $817,000, with team compensation as the largest line item. The lean cost structure continues…