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Reliance Global establishes a digital asset treasury strategy, planning to invest $60 million in purchasing BTC, ETH, and others.
[Reliance Global establishes a digital asset treasury strategy, planning to invest $60 million to purchase BTC, ETH, etc.] Nasdaq-listed company Reliance Global Group announced that its board has approved a strategic expansion into the digital asset and blockchain sectors, establishing a digital asset treasury that includes a portfolio of BTC, ETH, and SOL. The company plans to purchase up to $60 million in digital assets in the first phase, followed by an additional $60 million, bringing the total investment to $120 million. These assets will be managed by its newly established cryptocurrency advisory committee.