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VISTORBELITUNG.COM,New York, NY – September 30, 2025,Reliance Global Group, Inc. (NASDAQ: RELI), a diversified financial services and insurance holding company, today announced the strategic addition of XRP to its growing Digital Asset Treasury (DAT). This move follows earlier, measured purchases of Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA), further solidifying the company's commitment to building a diversified portfolio of digital assets with strong fundamentals and real-world utility.
The transaction, which reportedly involved a purchase of approximately $17 million worth of XRP, the native token of the XRP Ledger and the cryptocurrency used within the Ripple payment network, marks the latest significant step in Reliance’s blockchain adoption strategy.
Reliance Global Group views the inclusion of XRP as a strategic enhancement to its treasury, aligning with its long-term vision of merging innovative technologies with its established strengths in financial services and insurance.
Ezra Beyman, Chairman and CEO of Reliance Global Group, emphasized the practical utility of the asset in a statement: “Our strategy is to carefully build a treasury of digital assets with both strong fundamentals and real-world utility. XRP offers speed, efficiency, and proven value in global payments. By adding XRP to our portfolio alongside Bitcoin, Ethereum, and Cardano, we are reinforcing Reliance’s role at the forefront of blockchain adoption.”
XRP is recognized for its enterprise-grade capabilities, offering significant advantages for the global financial sector:
Speed: Transactions typically settle in just 3,5 seconds.
Low Cost: Transaction fees are mere fractions of a cent, making it highly efficient for cross-border settlements and micro-payments.
Scalability: The XRP Ledger can handle over 1,500 transactions per second (TPS).
The addition of the fourth-largest cryptocurrency by market capitalization positions Reliance as a key corporate player in the growing institutional adoption of XRP, which is widely used as a bridge asset for international payments through Ripple’s global partnerships.
Institutional Confidence and Regulatory Clarity
This decision underscores the increasing confidence among publicly traded companies in the utility and regulatory standing of XRP. The move comes in the wake of renewed clarity surrounding XRP’s regulatory status, which has helped unlock institutional interest and paved the way for new financial products, including proposed spot XRP ETFs.
Reliance’s Digital Asset Treasury initiative, which now encompasses a basket of top-tier cryptocurrencies, reflects a disciplined and responsible approach to digital asset management. The company maintains that its holdings are intended as strategic tools, not speculative instruments, with a strong focus on secure custody, robust oversight, and regulatory compliance within the public-company framework.
By strategically diversifying its digital asset holdings, Reliance Global Group aims to both capture the transformative potential of blockchain technology and drive long-term shareholder value, setting a notable precedent for other financial services firms on the Nasdaq.