Reliance Global Group Expands Digital Asset Portfolio with Solana
Reliance Global Group, a Nasdaq-listed company, has added Solana to its digital asset portfolio, marking a significant milestone in its corporate treasury strategy. This move brings the total number of top cryptocurrencies held by the company to five, including Bitcoin, Ethereum, XRP, and Cardano. The addition of Solana, currently the sixth-largest cryptocurrency with a market capitalization of over $110 billion, demonstrates the company’s commitment to diversifying its digital asset holdings.
Key Highlights of the Announcement
The key points of the announcement include:
- Nasdaq-listed Reliance Global Group has added Solana to its corporate treasury strategy.
- Reliance now has a diversified crypto treasury portfolio that includes Bitcoin, Ethereum, XRP, and Cardano.
- SOL continues to see interest in the company’s treasury amid various catalysts for market adoption.
Reliance’s Treasury Strategy and Market Implications
Reliance is the latest listed company to take advantage of the digital asset treasury trend. The company announced the purchase of Solana on October 27, 2025, as part of its long-term vision to leverage blockchain innovations and market opportunities to deliver value to shareholders. The move to add Solana comes weeks after the company purchased BTC and XRP, demonstrating its commitment to a balanced approach to governance, security, and compliance.
Moshe, Director of Insurtech at Reliance, noted that the expansion with altcoins is part of the company’s commitment to foster innovation. The addition of Solana to the company’s treasury portfolio is expected to provide a boost to the cryptocurrency’s price, which was trading at around $200 on October 27th.
Why Solana is Attracting Institutional Interest
Solana’s continued growth as a major blockchain ecosystem for decentralized finance, non-fungible tokens, and Web3 is making its native token an attractive treasury asset on Wall Street. The tokenization of real-world assets is also a fast-growing market for top chains, while anticipation of the official approval of spot Solana exchange-traded funds is generating increased attention. As a result, SOL is likely to continue to attract institutional interest and see increased adoption in the coming months.
For more information on Reliance Global Group’s expansion of its digital asset portfolio with Solana, visit https://crypto.news/reliance-global-group-expands-digital-asset-portfolio-with-solana/
