{"id":886325,"date":"2025-09-15T11:46:20","date_gmt":"2025-09-15T15:46:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-group-reli-announces-its-strategic-expansion-into-cryptocurrency-and-blockchain-enabled-insurance-linked-assets\/"},"modified":"2025-09-15T11:46:20","modified_gmt":"2025-09-15T15:46:20","slug":"reliance-global-group-reli-announces-its-strategic-expansion-into-cryptocurrency-and-blockchain-enabled-insurance-linked-assets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/reliance-global-group-reli-announces-its-strategic-expansion-into-cryptocurrency-and-blockchain-enabled-insurance-linked-assets\/","title":{"rendered":"Reliance Global Group (RELI) Announces its Strategic Expansion into Cryptocurrency and Blockchain-Enabled Insurance-Linked Assets"},"content":{"rendered":"
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Company to Leverage FinTech and AI Expertise to Explore Tokenized Insurance-Linked Assets<\/p>\n

Plans Purchase of Up to $120 Million in Cryptocurrencies such as Bitcoin, Ethereum and Solana Investments<\/p>\n

LAKEWOOD, NJ, Sept. 15, 2025 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI) (\u201cReliance\u201d, \u201cwe\u201d or the \u201cCompany\u201d)<\/strong> today announced its Board of Directors has approved its strategic expansion into the digital asset and blockchain sector. As part of this initiative, the Company plans to build a diversified portfolio comprising leading cryptocurrencies, such as Bitcoin, Ethereum, and Solana. In accordance with the Company\u2019s new digital asset treasury strategy, the Company plans to purchase up to $60 million in digital assets in the first phase, followed by up to an additional $60 million, totaling an aggregate of up to $120 million, to be managed by the Company\u2019s newly formed Crypto Advisory Board (\u201cCAB\u201d), and subject to market and other conditions.<\/p>\n

This initiative builds on Reliance\u2019s extensive experience at the intersection of insurance, fintech, and artificial intelligence, including the success of the Company\u2019s proprietary RELI Exchange platform. RELI Exchange is a B2B InsurTech platform and agency partner network that combines the low barriers to entry of an agency network with state-of-the-art technology, built on the AI and data mining backbone of 5MinuteInsure.com<\/a>.<\/p>\n

Leveraging these proven AI-driven capabilities and the Company\u2019s new digital-asset treasury strategy, Reliance is additionally exploring opportunities to tokenize insurance-linked assets in ways not previously accessible to institutional and other investors. The Company believes this innovation could open the door to a new investment class that has historically been unavailable, bringing greater transparency, liquidity, and efficiency to the insurance-linked marketplace.<\/p>\n

In connection with the new strategy, the Board of Directors has approved the formation of a new\u00a0Crypto Advisory Board (\u201cCAB\u201d).\u00a0The CAB\u00a0will manage, oversee and advise management and the Board of Directors on the ongoing development of the Company\u2019s digital-asset treasury strategy and related digital asset initiatives.<\/p>\n

Ezra Beyman, Chairman and CEO of Reliance Global Group, commented, \u201cReliance has always been committed to staying at the forefront of technology-driven innovation. Our planned entry into cryptocurrency and blockchain-based insurance-linked assets marks another important step in this journey. Through our efforts to build a portfolio of premier digital assets and by exploring tokenization opportunities, we believe Reliance can create a new and dynamic investment class that aims to enhance shareholder value and can position the Company at the cutting edge of InsurTech and blockchain innovation. This initiative is designed to potentially unlock long-term growth opportunities for our investors while reinforcing Reliance\u2019s role as a pioneer in financial and insurance technologies.\u201d<\/p>\n

Reliance has a longstanding history of leveraging artificial intelligence, data mining, and innovative distribution models to deliver competitive, technology-enabled insurance solutions through RELI Exchange and 5MinuteInsure.com<\/a>. By applying similar innovation to the blockchain ecosystem, the Company seeks to pioneer the convergence of InsurTech and decentralized finance.<\/p>\n

\n Forward-Looking Statements<\/strong>\n <\/p>\n

This press release contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as \u201cmay,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cwill,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201ccontinue,\u201d \u201cpotential,\u201d and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding:<\/p>\n