Reliance Completes Strategic Acquisition of Enquantum

Reliance Global Group announced the completion of its strategic acquisition of Enquantum, a post-quantum cryptography company developing quantum-resilient encryption technology. The transaction marks the first active platform acquisition executed under EZRA's Scale51 operating model and establishes a defined pathway toward majority control as the Company moves to build Enquantum into a core operating platform within EZRA International Group. Quantum computing advancement is accelerating globally, intensifying concern that widely deployed encryption standards such as Rivest-Shamir-Adleman and Elliptic Curve Cryptography - which secure financial systems, hyperscale cloud infrastructure, telecommunications backbones, AI platforms, government systems, and other critical infrastructure - may become vulnerable to quantum-enabled attacks. Security agencies and industry experts have warned of "harvest now, decrypt later" strategies, in which encrypted data is captured today with the expectation it may be decrypted once sufficiently advanced quantum systems become available. "This transaction advances our strategy to acquire majority control of a company in an increasingly important sector as the industry transitions to post-quantum standards," said Ezra Beyman, CEO. "We structured a milestone-driven acquisition pathway designed to culminate in majority control ownership, and today we executed Phase I. We believe, post-quantum encryption is not optional over the long term - it is a structural shift in how critical systems will be secured. We intend to build Enquantum into a scaled operating business under our control." Under the terms of the definitive agreement, Reliance acquired an initial equity position in Enquantum through the conversion of a previously issued secured bridge note and an additional cash investment as the first milestone payment. The agreement provides for structured, milestone-based tranche investments designed to increase Reliance's ownership position over time to a 51% fully diluted controlling interest, subject to the achievement of specified operational and commercialization milestones and satisfaction of customary conditions. Reliance expects to obtain majority governance rights upon the achievement and funding of specified milestones.