STOCK TITAN

Reliance Global Group (RELI) Completes Initial Cardano (ADA) Purchase Under Digital Asset Treasury Initiative

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
crypto

Reliance Global Group (NASDAQ:RELI) has announced the completion of its first Cardano (ADA) purchase as part of its Digital Asset Treasury (DAT) initiative. This follows the company's recent Ethereum (ETH) acquisition earlier in the month, demonstrating RELI's strategic approach to building a diversified digital asset portfolio.

Cardano was selected for its unique characteristics including peer-reviewed development, energy-efficient proof-of-stake design, and growing real-world adoption. The blockchain platform offers key benefits such as the Ouroboros consensus mechanism, layered architecture, and community governance through ADA holder voting.

CEO Ezra Beyman emphasized that this investment aligns with RELI's commitment to combining strong fundamentals with long-term potential, supported by oversight from their Crypto Advisory Board to ensure proper governance, custody, and compliance.

Reliance Global Group (NASDAQ: RELI) ha annunciato il completamento del suo primo acquisto di Cardano (ADA) nell’ambito dell’iniziativa Digital Asset Treasury (DAT). Questo seguire l’acquisizione di Ethereum (ETH) avvenuta all’inizio del mese, dimostrando l’approccio strategico di RELI nel costruire un portafoglio di asset digitali diversificato.

Cardano è stata scelta per le sue caratteristiche uniche, tra cui sviluppo sottoposto a revisione tra pari, design proof-of-stake energicamente efficiente e una crescente adozione nel mondo reale. La piattaforma blockchain offre vantaggi chiave come il meccanismo di consenso Ouroboros, un’architettura a strati e la governance comunitaria tramite il voto dei detentori ADA.

Il CEO Ezra Beyman ha sottolineato che questo investimento è in linea con l’impegno di RELI nel combinare solidi fondamentali con potenziale a lungo termine, supportato dalla supervisione del Crypto Advisory Board per garantire una corretta governance, custodia e conformità.

Reliance Global Group (NASDAQ: RELI) ha anunciado la finalización de su primera compra de Cardano (ADA) como parte de su iniciativa Digital Asset Treasury (DAT). Esto sigue a la adquisición reciente de Ethereum (ETH) realizada a principios de mes, demostrando el enfoque estratégico de RELI para construir una cartera diversificada de activos digitales.

Cardano fue seleccionado por sus características únicas, entre ellas desarrollo revisado por pares, diseño de prueba de participación energéticamente eficiente y una adopción real en crecimiento. La plataforma blockchain ofrece beneficios clave como el mecanismo de consenso Ouroboros, arquitectura en capas y gobernanza comunitaria mediante el voto de los poseedores de ADA.

El CEO Ezra Beyman enfatizó que esta inversión está alineada con el compromiso de RELI de combinar fundamentos sólidos con potencial a largo plazo, respaldada por la supervisión de su Crypto Advisory Board para garantizar una gobernanza adecuada, custodia y cumplimiento.

Reliance Global Group (NASDAQ: RELI)가 Digital Asset Treasury(DAT) 이니셔티브의 일환으로 Cardano(ADA) 첫 매입을 완료했다고 발표했습니다. 이는 이번 달 초에 있었던 Ethereum(ETH) 인수에 이은 것으로, 다각화된 디지털 자산 포트폴리오를 구축하려는 RELI의 전략적 접근을 보여줍니다.

Cardano는 동료 심사를 거친 개발, 에너지 효율적인 지분 증명 설계, 그리고 증가하는 실제 채택 등 고유한 특징으로 선택되었습니다. 이 블록체인 플랫폼은 Ouroboros 합의 메커니즘, 계층형 아키텍처, ADA 보유자 투표를 통한 커뮤니티 거버넌스와 같은 핵심 이점을 제공합니다.

CEO Ezra Beyman은 이 투자가 강력한 펀더멘털과 장기 잠재력을 결합하려는 RELI의 약속과 일치하며, 거버넌스, 수탁 및 규정 준수를 보장하기 위해 Crypto Advisory Board의 감독이 뒷받침한다고 강조했습니다.

Reliance Global Group (NASDAQ: RELI) a annoncé l’achèvement de son premier achat de Cardano (ADA) dans le cadre de son initiative Digital Asset Treasury (DAT). Cela fait suite à l’acquisition récente d’Ethereum (ETH) au début du mois, démontrant l’approche stratégique de RELI pour constituer un portefeuille d’actifs numériques diversifié.

Cardano a été choisi pour ses caractéristiques uniques, notamment un développement évalué par les pairs, un design proof-of-stake économe en énergie et une adoption réelle croissante. La plateforme blockchain offre des avantages clés tels que le mécanisme de consensus Ouroboros, une architecture en couches et une gouvernance communautaire par le vote des détenteurs d’ADA.

Le PDG Ezra Beyman a souligné que cet investissement s’aligne sur l’engagement de RELI à allier fondamentaux solides et potentiel à long terme, soutenu par la supervision de leur Crypto Advisory Board pour assurer une bonne gouvernance, une garde et la conformité.

Reliance Global Group (NASDAQ: RELI) hat den Abschluss seines ersten Cardano (ADA)-Kaufs im Rahmen der Initiative Digital Asset Treasury (DAT) bekannt gegeben. Dies folgt der kürzlichen Ethereum (ETH)-Übernahme zu Monatsbeginn und zeigt RE LIs strategischen Ansatz beim Aufbau eines diversifizierten Portfolios digitaler Vermögenswerte.

Cardano wurde aufgrund seiner einzigartigen Merkmale ausgewählt, darunter peer-reviewte Entwicklung, energieeffizientes Proof-of-Stake-Design und zunehmende reale Nutzung. Die Blockchain-Plattform bietet Vorteile wie den Ouroboros-Konsensusmechanismus, eine mehrschichtige Architektur und gemeinschaftliche Governance durch die Abstimmung der ADA-Inhaber.

CEO Ezra Beyman betonte, dass diese Investition im Einklang mit dem Engagement von RELI steht, solide Fundamentaldaten mit langfristigem Potenzial zu verbinden, unterstützt durch die Aufsicht des Crypto Advisory Board, um ordnungsgemäße Governance, Verwahrung und Compliance sicherzustellen.

Reliance Global Group (NASDAQ: RELI) أعلنت عن إتمام أول شراء لها لـ Cardano (ADA) كجزء من مبادرة الخزانة الرقمية للأصول الرقمية (DAT). يأتي ذلك عقب الاستحواذ الأخير على Ethereum (ETH) في بداية الشهر، ما يظهر النهج الاستراتيجي لـ RELI لبناء محفظة أصول رقمية متنوعة.

تم اختيار Cardano لخصائصه الفريدة بما في ذلك التطوير الذي يخضع لمراجعة الأقران، وتصميم إثبات الحصة الموفّر للطاقة، وتزايد التبني في الواقع الفعلي. توفر منصة البلوكشين مزايا رئيسية مثل آلية الإجماع Ouroboros، والهندسة المعمارية متعددة الطبقات، والحوكمة المجتمعية من خلال تصويت حاملي ADA.

صرح المدير التنفيذي Ezra Beyman بأن هذا الاستثمار يتماشى مع التزام RELI بجمع الأسس القوية مع الإمكانات طويلة الأجل، مدعوماً بالإشراف من لجنة الاستشارات المشفرة لضمان الحوكمة والحفظ والامتثال بشكل صحيح.

Reliance Global Group (NASDAQ: RELI)宣布完成其第一笔 Cardano (ADA)购买,作为其数字资产国库(DAT)计划的一部分。这紧随本月初对以太坊(ETH)的收购,显示了RELI在构建多元化数字资产组合方面的战略方法。

Cardano 之所以被选中,是因为其具备经过同行评审的开发、能源高效的权益证明设计,以及日益增长的现实世界采用。该区块链平台提供的关键优势包括 Ouroboros 共识机制、分层架构,以及 ADA 持有者投票所实现的社区治理。

CEO Ezra Beyman 强调,这项投资符合 RELI 将强劲基本面与长期潜力结合起来的承诺,并由他们的加密咨询委员会监督,以确保治理、托管和合规性得以妥善执行。

Positive
  • Strategic expansion into digital assets through purchase of top-10 cryptocurrency Cardano (ADA)
  • Diversification of treasury strategy following earlier Ethereum purchase
  • Implementation of governance structure through Crypto Advisory Board oversight
  • Alignment with company's existing tech-forward approach in insurance sector
Negative
  • Exposure to volatile cryptocurrency market risks
  • Regulatory uncertainty in digital asset space
  • No specific investment amount or targets disclosed

Insights

RELI adds Cardano to diversify its digital treasury after Ethereum purchase, signaling strategic positioning in blockchain for insurance innovation.

Reliance Global Group has made its second cryptocurrency treasury purchase, adding Cardano (ADA) to complement its earlier Ethereum acquisition under its Digital Asset Treasury (DAT) initiative. This move represents a calculated diversification strategy rather than mere speculation. Cardano's selection highlights RELI's preference for technically-sound blockchain platforms, as Cardano distinguishes itself through its peer-reviewed academic approach, energy-efficient proof-of-stake consensus mechanism, and layered architecture separating transaction processing from smart contract functionality.

What makes this particularly noteworthy is RELI's methodical approach to digital asset accumulation. Unlike companies that made impulsive cryptocurrency purchases during previous bull markets, RELI has established a Crypto Advisory Board to guide acquisitions with proper governance and compliance considerations. This structured framework suggests the company is taking a long-term, strategic position rather than seeking short-term gains.

The integration of blockchain technology with RELI's existing insurance technology infrastructure (RELI Exchange and 5MinuteInsure.com) could potentially create synergies. The company appears to be positioning itself at the intersection of InsurTech and decentralized finance—a forward-looking but still experimental convergence. However, investors should note that while the company frames this as treasury management, cryptocurrency remains highly volatile compared to traditional treasury assets, introducing significant balance sheet risk despite the governance structures in place.

This acquisition of Cardano represents RELI's continued implementation of an unconventional treasury strategy that diverges significantly from traditional corporate finance practices. While the company doesn't disclose the size of the purchase or what percentage of corporate cash has been allocated to cryptocurrencies, this represents a material shift in risk profile for corporate reserves.

Traditional treasury management typically prioritizes capital preservation and liquidity through investments in short-term government securities, high-grade corporate debt, and money market instruments. By contrast, cryptocurrencies like Cardano and Ethereum are highly volatile assets with uncertain regulatory status and potential accounting complexities. This introduces substantial mark-to-market volatility to the company's balance sheet.

The strategy appears aligned with companies like MicroStrategy and Block (formerly Square) that have allocated significant treasury assets to cryptocurrency—though those companies had either direct business models in the crypto space or founder-led initiatives driving the strategy. RELI's approach stands out because it's implementing this strategy as an insurance technology company without an obvious operational connection to blockchain beyond future aspirations.

While the Crypto Advisory Board provides some governance, shareholders should weigh whether this treasury approach represents appropriate risk management for a publicly-traded Nasdaq company in the insurance sector. The forward-looking statements appropriately acknowledge the significant uncertainties around regulatory, accounting, tax, and market conditions that could materially impact this strategy's outcomes.

Cardano’s Scalable, Peer-Reviewed Blockchain Strengthens Treasury Strategy

LAKEWOOD, NJ, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced that it has completed its first purchase of Cardano (ADA) under its recently launched Digital Asset Treasury (“DAT”) initiative. With this investment, Reliance strengthens its digital asset treasury by adding Cardano, recognized for its peer-reviewed, scalable blockchain, energy-efficient proof-of-stake design, and growing real-world adoption.

This purchase follows Reliance’s initial purchase of Ethereum (ETH) earlier this month and reflects the Company’s ongoing commitment to building a diversified portfolio of leading digital assets. Reliance’s DAT initiative is designed to pursue long-term capital appreciation while positioning the Company at the forefront of blockchain innovation in the insurance and financial services sector.

Cardano is one of the world’s top ten cryptocurrencies by market capitalization and stands apart for its research-driven foundation, energy efficiency, and real-world use cases. Unlike many blockchain projects, Cardano was developed from the ground up using peer-reviewed academic research and formal verification methods, ensuring each protocol upgrade is robust and scientifically validated.

Key benefits of Cardano include:

  • Energy-efficient Proof-of-Stake: Ouroboros consensus is secure, sustainable, and scalable.
  • Layered architecture: Separation of transaction and smart contract layers simplifies upgrades.
  • Governance and interoperability: ADA holders vote on proposals, with full decentralization underway.
  • Real-world adoption: Partnerships in developing nations, including blockchain-based IDs in Ethiopia.
  • Sustainability: Treasury model funds ongoing development without external reliance.

Ezra Beyman, Chairman and CEO of Reliance Global Group, stated, “Adding Cardano to our digital asset treasury reflects our commitment to assets that combine strong fundamentals with long-term potential. Cardano’s emphasis on sustainability, rigorous development, and community-driven governance makes it a compelling addition to our strategy. Unlike many companies that approach digital assets opportunistically, Reliance intends to pursue its treasury strategy with discipline and oversight. Our Crypto Advisory Board will continue to guide decisions such as this purchase, ensuring that governance, custody, and compliance remain aligned with best practices. We plan to strategically expand our digital asset position, focusing on quality over quantity and prioritizing long-term value creation for shareholders. By taking this measured approach, we believe Reliance is well-positioned to harness the benefits of blockchain innovation while reinforcing our broader vision of blending insurance technology with the possibilities of decentralized finance.”

Reliance has built its reputation on applying advanced technologies, including artificial intelligence, analytics, and modern distribution platforms, to deliver innovative insurance solutions through RELI Exchange and 5MinuteInsure.com. Extending this expertise to blockchain is the next step, as the Company works to unite Insurtech with decentralized finance and unlock new opportunities for growth.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding:

  • our expectation that building a diversified digital asset treasury—beginning with Ethereum and now Cardano (ADA)—may enhance long-term capital allocation and shareholder value;
  • our intention, subject to market conditions and governance approvals, to selectively expand digital asset positions over time;
  • our belief that disciplined execution, including oversight by the Crypto Advisory Board, robust custody, and compliance processes, can mitigate certain risks inherent in blockchain markets;
  • our expectation that learnings from blockchain initiatives may complement our Insurtech capabilities and broader strategy; and
  • other statements regarding future financial performance, business strategy, technology developments, capital allocation, and operational execution.

These forward-looking statements are based on a number of assumptions, including that: (i) we can continue to implement our digital asset treasury strategy as approved by our Board; (ii) cryptocurrency and blockchain markets remain accessible and sufficiently stable for execution; (iii) regulatory, accounting, tax, and market infrastructure evolve in a manner that permits corporate participation; and (iv) no material adverse changes occur in market, economic, or regulatory conditions. Actual results may differ materially due to, among other things: volatility or declines in cryptocurrency markets; execution, liquidity, or custody challenges; cybersecurity risks; regulatory, accounting, or tax developments adversely affecting digital asset holdings or related initiatives; and competitive dynamics across Insurtech, blockchain, and digital-asset markets, as well as the factors described under “Risk Factors” in our filings with the Securities and Exchange Commission.

Actual results could differ materially from those anticipated due to a variety of risks and uncertainties, including: volatility or declines in cryptocurrency markets; challenges in executing and managing digital asset investments; regulatory or accounting changes that adversely impact digital asset holdings or blockchain-based initiatives; technological risks related to custody, cybersecurity, or blockchain integration; competitive pressures from Insurtech, blockchain, or digital asset market participants; and other factors described under “Risk Factors” in our Registration Statement on Form S-1, Annual Report on Form 10-K, and other filings with the Securities and Exchange Commission.

You are encouraged to carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, as well as other SEC filings, for a more complete discussion of these and other risks and uncertainties. Except as required by law, Reliance Global Group Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contact:
Crescendo Communications, LLC
Tel: +1 (212) 671-1020
Email: RELI@crescendo-ir.com


FAQ

What is Reliance Global Group's (RELI) Digital Asset Treasury initiative?

RELI's Digital Asset Treasury (DAT) initiative is a strategic program designed to pursue long-term capital appreciation by investing in leading digital assets, starting with purchases of Ethereum (ETH) and Cardano (ADA).

Why did RELI choose to invest in Cardano (ADA)?

RELI selected Cardano for its peer-reviewed development, energy-efficient proof-of-stake design, scalability, and growing real-world adoption. The platform ranks among the top 10 cryptocurrencies by market capitalization.

How is RELI managing risks in its cryptocurrency investments?

RELI implements risk management through Crypto Advisory Board oversight, focusing on governance, custody, and compliance. The company takes a disciplined approach, prioritizing quality over quantity in its digital asset strategy.

What are the key benefits of Cardano that attracted RELI's investment?

Key benefits include energy-efficient Ouroboros consensus, layered architecture for simplified upgrades, community governance through ADA holder voting, real-world partnerships, and a sustainable treasury model.

How does RELI's cryptocurrency strategy align with its insurance business?

The strategy aims to blend RELI's insurance technology (including AI and analytics) with decentralized finance, positioning the company at the forefront of blockchain innovation in the insurance and financial services sector.
Reliance Global Group Inc

NASDAQ:RELI

RELI Rankings

RELI Latest News

RELI Stock Data

4.97M
3.13M
32.14%
4.92%
0.65%
Insurance Brokers
Insurance Agents, Brokers & Service
Link
United States
LAKEWOOD