Nasdaq-listed company Reliance Global Group announced that its board of directors has approved a strategic expansion into the digital asset and blockchain fields, and is establishing a digital asset treasury that includes portfolios of BTC, ETH, and SOL. The company plans to purchase up to $60 million worth of digital assets in the first phase, followed by another $60 million, totaling up to $120 million. These assets will be managed by its newly formed cryptocurrency advisory committee.
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Reliance Global establishes digital asset treasury strategy, with initial investment of $60 million to purchase BTC, ETH, etc.
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