Reliance Global finalizes its first acquisition of Cardano.
Reliance Global Group completed its first purchase of Cardano under its recently launched Digital Asset Treasury initiative. With this investment, Reliance strengthens its digital asset treasury by adding Cardano, recognized for its peer-reviewed, scalable blockchain, energy-efficient proof-of-stake design, and growing real-world adoption. This purchase follows Reliance's initial purchase of Ethereum earlier this month and reflects the Company's ongoing commitment to building a diversified portfolio of leading digital assets. Reliance's DAT initiative is designed to pursue long-term capital appreciation while positioning the Company at the forefront of blockchain innovation in the insurance and financial services sector.