10:45 AM EDT, 09/15/2025 (MT Newswires) -- Reliance Global Group ( RELI ) said Monday it will create a portfolio comprising digital assets like Bitcoin (BTC-USD), Ethereum (ETH-USD), and Solana (SOL-USD) as part of its expansion into the cryptocurrency and blockchain sector.
The company said it will buy up to $60 million of cryptocurrencies in the first phase, with plans to purchase up to an additional $60 million of digital assets. The company said the assets will be managed by the company's crypto advisory board.
Reliance Global also plans to combine its fintech and AI expertise with the digital asset treasury initiative to tokenize insurance-linked assets, the company said.
Reliance Global's shares were up 6% in recent Monday trading.
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