Appointment strengthens Reliance’s leadership at the intersection of InsurTech and decentralized finance, driving the Company’s evolution into blockchain-based value creation
LAKEWOOD, NJ, Nov. 19, 2025 — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance,” “we” or the “Company”) today announced the appointment of Blake Janover, a recognized pioneer in bringing digital assets into public markets, as Chairman of the Company’s Crypto Advisory Board (CAB). In this role, Mr. Janover will advise Reliance on its Digital Asset Treasury (DAT) initiative and other blockchain-related strategies designed to accelerate innovation, efficiency, and long-term shareholder value across the Company’s InsurTech and financial operations.
Mr. Janover is widely regarded as a leader in bringing blockchain and decentralized finance (DeFi) innovation to the public markets. He was the Founder, Chairman, and Chief Executive Officer of Janover, which he took public in 2023 under the ticker Nasdaq: JNVR before leading its transition into Defi Development Corporation, the first publicly traded company to announce a Digital Asset Transformation (DAT) strategy outside of Bitcoin on the Nasdaq or NYSE. He currently serves as Chief Commercial Officer and a Member of the Board of Directors at Defi Development Corporation, where he continues to participate in shaping the integration of decentralized finance within regulated corporate and financial frameworks.
Mr. Janover also serves on the Crypto Advisory Board of Caliber Cos, a Nasdaq listed public company and has been featured in Forbes, Bloomberg, and other leading financial media outlets. His most recent work continues to bridge traditional finance and digital assets, making him uniquely positioned to guide Reliance’s digital asset initiatives.
Mr. Janover brings a distinguished record of leadership and innovation. He has more than 20 years of experience as an entrepreneur and operator and has been involved in billions of dollars of commercial property transactions, as well as served as a principal in more than half a billion dollars of equity capital markets transactions. He currently serves as a Member of the Board of Soulpower Acquisition Corp, a SPAC traded on the NYSE and was an Official Member of the Forbes Real Estate Council and an On Deck Proptech and Scale Fellow. He is also a Harvard Business School alumnus (OPM 60), NATSEC Fellow at the National War College Alumni Association, and a Guest Lecturer and Mentor at Reichman University’s Zell Entrepreneurship Program.
As Chairman of the Crypto Advisory Board, Mr. Janover will collaborate with management and the Board of Directors to advance Reliance’s DAT strategy, digital asset initiatives, and capital markets strategy, aimed at supporting the execution of these programs with discipline and a focus on sustainable value creation.
“We are honored to welcome Blake Janover as Chairman of our Crypto Advisory Board,” commented Ezra Beyman, Chairman and CEO of Reliance Global Group. “Blake’s appointment comes at a strategically important moment following a significant consolidation across the crypto markets, conditions that historically create opportunities for disciplined digital-asset allocation, accretive treasury positioning, and long-term value capture. His expertise in navigating and capitalizing on these types of market dislocations further demonstrates the value he brings to our Digital Asset Treasury initiative. Blake’s pioneering leadership in digital-asset transformation brings invaluable insight that will help position Reliance at the forefront of blockchain-enabled value creation within the InsurTech ecosystem.”
“Reliance Global Group operates at one of the most transformative intersections in modern finance-where InsurTech meets decentralized finance,” said Blake Janover. “Through its Digital Asset Treasury Initiative, Reliance has an opportunity to pioneer how blockchain and tokenization can drive growth, efficiency, and meaningful long-term value for investors and stakeholders. I have seen firsthand how thoughtfully executed digital-asset strategies can unlock significant value, and I look forward to applying that experience to help accelerate Reliance’s evolution in this space.”
In addition to his DAT advisory role, Mr. Janover will help Reliance explore opportunities to tokenize insurance-linked assets, an emerging blockchain application designed to unlock new avenues for value creation within the insurance-linked marketplace. Reliance believes tokenization could introduce greater liquidity, accessibility, and efficiency, creating an investment category that merges insurance and decentralized finance in ways not previously possible.
Mr. Beyman concluded, “Blake’s forward-thinking approach to blockchain and decentralized finance aligns perfectly with Reliance’s mission to merge next-generation technology with traditional insurance and financial systems. His leadership will help guide our efforts to integrate digital asset innovation into our model while advancing growth and value creation across the broader InsurTech landscape.”
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding: our strategic initiatives, including our Digital Asset Treasury (“DAT”) strategy and other digital asset initiatives; the establishment and expected role of our Crypto Advisory Board; the anticipated contributions of Mr. Janover in his capacity as Chairman of the Crypto Advisory Board; our expectations regarding the development, execution and potential benefits of our DAT strategy and related digital asset activities; our capital markets strategy and access to capital; and our broader business and financial outlook.
These forward-looking statements are based on current expectations and assumptions that involve risks and uncertainties, including, among others, that the establishment of the Crypto Advisory Board and the appointment of Mr. Janover will provide the anticipated strategic, operational and capital markets benefits; that we will be able to successfully develop, implement and scale our DAT strategy and other digital asset initiatives; that we will be able to prudently manage our exposure to digital assets; that market, economic and regulatory conditions, including with respect to digital assets, will remain sufficiently favorable; and that we will be able to continue to access capital on acceptable terms and execute our broader business and capital markets strategy. There can be no assurance that these assumptions will prove accurate.
Actual results could differ materially from those anticipated due to a variety of risks and uncertainties, including, without limitation: our ability to realize the anticipated benefits of the establishment of the Crypto Advisory Board and the appointment of Mr. Janover; our ability to develop, implement and execute our DAT strategy and other digital asset initiatives; the performance and volatility of digital assets; the pace and outcome of regulatory developments affecting digital assets and our business; our ability to maintain adequate liquidity and access to capital and to execute our capital markets strategy; competitive pressures, including within InsurTech and insurance brokerage; general business, economic, market and geopolitical conditions; our ability to maintain adequate liquidity and access to capital (including any issuance under our ATM facility); regulatory developments; and other risks described under “Risk Factors” in our Annual Report on Form 10-K, our Quarterly Report on Form 10-Q, and in other filings with the Securities and Exchange Commission.
You are encouraged to carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, as well as other SEC filings, for a more complete discussion of these and other risks and uncertainties. Except as required by law, Reliance Global Group, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Fortman Sale Nets a $3 Million Gain and Provides Capital to Significantly Reduce Long-Term Debt
Company Progresses Digital Asset Treasury Initiative to Support Capital Appreciation Model
Company on Track to Issue First Dividend in Its History – $0.03 Per Share Special Dividend Payable December 2, 2025
Company to Host Conference Call Today at 4:30 PM Eastern Time
LAKEWOOD, N.J., Nov. 06, 2025 — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today reported its financial results for the third quarter ended September 30, 2025, and provided a strategic and operational update.
“The third quarter marked another important step in Reliance’s transformation and execution of our long-term growth strategy,” commented Ezra Beyman, Chairman and CEO of Reliance Global Group. “We completed the $5 million sale of Fortman Insurance Services (FIS), a wholly owned subsidiary, monetizing an asset at an approximate $3 million gain. This transaction added capital to our balance sheet which we immediately deployed to decrease our long-term debt by approximately 50%, improving our financial flexibility, and allowing us to focus resources on scaling higher-margin business segments through our RELI Exchange platform. As a result of this and other prudent financial management steps taken, we have meaningfully strengthened our financial position- our unrestricted cash increased approximately 590%, or $2.2 million, to $2.6 million, compared to the prior fiscal year-end, while working capital and equity grew by $1.2 million, or 284% to $1.6 million, and equity grew by $3.7 million or 125% to $6.8 million. Together, these achievements highlight our continued progress toward building a stronger, more resilient balance sheet that supports sustainable growth.”
“As expected, the sale of Fortman Insurance Services (FIS) reduced short-term commission income, reflecting the divestiture of the asset; however, the transaction also eliminated related salary expenses and contributed to a leaner, more efficient operating model. In addition, we continued to advance our RELI Exchange platform with the addition of our Client Service Center, which enhances scalability by allowing agency partners to focus on growth while Reliance’s centralized service team manages client requests and policy administration. This initiative is improving client satisfaction, partner productivity, and operational efficiency.”
“Our OneFirm initiative continues to drive cost alignment and strengthen operational efficiency across the organization. These efforts, combined with our technology investments and focus on property, casualty, and health insurance growth, position Reliance for sustainable, technology-driven profitability. We are building a more focused business with stronger financial flexibility and a clear path toward long-term shareholder value. Notably, total operating expenses for the quarter included approximately $2.7 million in non-cash stock-based compensation. These equity awards reflect Reliance’s continued commitment to aligning management and employee incentives with long-term shareholder value creation. While this resulted in higher reported salaries and administrative expenses, it represents a strategic, non-cash investment in talent retention and performance alignment rather than ongoing cash outflows.”
“Beyond operational execution, we continue to look toward the future with our Digital Asset Treasury Initiative (DAT) – a disciplined, forward-thinking program that integrates blockchain technology into our long-term capital appreciation model,” stated Moshe Fishman, member of the Reliance Global Group Crypto Advisory Board and Director of InsurTech at Reliance. “Supported by our Crypto Advisory Board, the DAT positions Reliance at the forefront of the convergence between InsurTech and decentralized finance. To date, the Company has strategically acquired positions across several leading digital assets – including Bitcoin, Ethereum, Cardano, XRP, and Solana – reflecting a diversified approach designed to balance long-term potential with prudent risk management. This carefully structured allocation underscores our commitment to innovation and financial discipline. We see this as an important step toward diversifying our treasury, enhancing technological expertise, and preparing the business for new opportunities that blockchain innovation can bring to insurance and financial services.”
2025 Third Quarter Financial Highlights
(approximate figures)
Liquidity was strengthened through prudent financial management, as unrestricted cash increased approximately 590%, or $2.2 million, to $2.6 million, compared with the prior fiscal year-end.
Working capital improved by approximately $1.2 million, or 284%, to $1.6 million, and Equity improved by approximately $3.7 million, or 125%, to $6.8 million, compared to the 2024 fiscal year-end, reflecting the Company’s continued focus on strengthening its balance sheet and maintaining financial flexibility to support growth initiatives.
Commission income totaled $2.5 million in Q3 2025, compared to $3.4 million in Q3 2024. The change was primarily driven by the loss of revenue following the sale of Fortman Insurance Services (FIS) and lower medical commission revenues.
Commission expense was $1.0 million in Q3 2025, compared to $0.9 million in Q3 2024. The slight increase was primarily influenced by market-driven conditions in commission rates across the insurance sector.
Salaries and wages were $3.9 million in Q3 2025, compared to $1.7 million in Q3 2024. The increase was primarily due to non-cash share-based compensation, partially offset by the elimination of salaries related to Fortman Insurance Services following its sale.
General and administrative expenses were $1.1 million in Q3 2025, compared to $0.8 million in Q3 2024. The increase was substantially driven by director non-cash equity awards, partially offset by OneFirm efficiencies and overall leaner operations.
Net loss for the quarter was $1.2 million, compared to $0.8 million in Q3 2024 with the increase primarily being driven by the FIS sale, non-cash equity compensation but offset the gain recognized on the sale of FIS.
Adjusted EBITDA (“AEBITDA”) (Non-GAAP measure) loss for the quarter was $0.7 million, compared to a gain of $0.04 million in Q3 2024. The decrease was primarily due to the revenue decline and related fluctuations in commission expense, as discussed above (see reconciliation to AEBITDA below).
In keeping with its ongoing commitment to disciplined financial stewardship, the Board of Directors approved a special cash dividend of $0.03 per share, payable on or about December 2, 2025, to shareholders of record as of October 30, 2025. This decision reinforces Reliance’s balanced approach to growth and capital allocation, returning value to investors while maintaining the flexibility to advance its strategic initiatives.
“The declaration of this special dividend reflects our conviction in the strength of Reliance’s operations and the resilience of our strategy. We are executing with discipline – investing in technology and innovation while maintaining the financial flexibility to reward our shareholders. Our objective is to continue building value in a way that aligns long-term strategic growth with meaningful, near-term returns,” added Mr. Beyman.
“Looking ahead, we are confident in our strategic direction and the long-term opportunities that lie before us. Our foundation is stronger, our operations are more efficient, and our innovation pipeline continues to expand. We are building Reliance for the future – one defined by disciplined execution, sustainable growth, and enduring value creation for our shareholders,” concluded Mr. Beyman.
Conference Call
Reliance Global Group will host a conference call today at 4:30 PM Eastern Time to discuss the Company’s financial results for the quarter ended September 30, 2025, as well as the Company’s corporate progress and other developments.
A webcast replay will be available on the investor relations section of the Company’s website at https://relianceglobalgroup.com/events-and-presentations/ through November 6, 2026. A telephone replay of the call will be available approximately one hour following the call, through November 20, 2025, and can be accessed by dialing +1 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering access code 53204.
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding: the expected financial and operational benefits of our recent actions to streamline and deleverage the business; our OneFirm strategy and its impact on efficiency, scalability and margins; our plans to realign around high-growth, tech-enabled assets, including continued expansion of the RELI Exchange platform and the new Client Service Center; the anticipated gain recognized from the sale of Fortman Insurance Services and related uses of proceeds; our Digital Asset Treasury initiative, including our exposure to, and strategy for, cryptocurrencies; our non-GAAP measures and financial outlook; our capital allocation plans, including the declaration and payment of dividends; and our potential use of our at-the-market (“ATM”) facility.
These forward-looking statements are based on current expectations and assumptions that involve risks and uncertainties, including, among others, that our OneFirm initiatives and technology investments will drive the anticipated efficiencies; that RELI Exchange and the Client Service Center will achieve expected adoption and scalability; that our anticipated gain on the Fortman sale and related balance-sheet improvements will be realized as expected; that market, economic, and regulatory conditions will remain favorable; and that our capital allocation plans (including the announced special dividend) will proceed as planned. There can be no assurance that these assumptions will prove accurate.
Actual results could differ materially from those anticipated due to a variety of risks and uncertainties, including, without limitation: our ability to execute operating initiatives and achieve expected cost savings and cash-flow improvements; successful scaling of RELI Exchange and the Client Service Center; the performance and volatility of digital assets and the execution of our Digital Asset Treasury initiative; competitive pressures within InsurTech and insurance brokerage; our ability to maintain adequate liquidity and access to capital (including any issuance under our ATM facility); regulatory developments; and other risks described under “Risk Factors” in our Annual Report on Form 10-K, our Quarterly Report on Form 10-Q, and in other filings with the Securities and Exchange Commission.
You are encouraged to carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, as well as other SEC filings, for a more complete discussion of these and other risks and uncertainties. Except as required by law, Reliance Global Group, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
INFORMATION REGARDING A NON-GAAP FINANCIAL MEASURE
The Company believes certain financial measures which meet the definition of non-GAAP financial measures, as defined in Regulation G of the SEC rules, provide important supplemental information. Namely our key financial performance metric Adjusted EBITDA (“AEBITDA”) is a non-GAAP financial measure that is not in accordance with, or an alternative to, measures prepared in accordance with GAAP. “AEBITDA” is defined as earnings before interest, taxes, depreciation, and amortization (EBITDA) with additional adjustments as further outlined below, to result in Adjusted EBITDA (“AEBITDA”). The Company considers AEBITDA an important financial metric because it provides a meaningful financial measure of the quality of the Company’s operational, cash impacted and recurring earnings and operating performance across reporting periods. Other companies may calculate Adjusted EBITDA differently than we do, which might limit its usefulness as a comparative measure to other companies in the industry. AEBITDA is used by management in addition to and in conjunction (and not as a substitute) with the results presented in accordance with GAAP. Management uses AEBITDA to evaluate the Company’s operational performance, including earnings across reporting periods and the merits for implementing cost-cutting measures. We have presented AEBITDA solely as supplemental disclosure because we believe it allows for a more complete analysis of results of operations and assists investors and analysts in comparing our operating performance across reporting periods on a consistent basis by excluding items that we do not believe are indicative of our core operating performance. Consistent with Regulation G, a description of such information is provided below herein and tabular reconciliations of this supplemental non-GAAP financial information to our most comparable GAAP information are contained below.
We exclude the following items when calculating AEBITDA, and the following items define our non-GAAP financial measure AEBITDA:
Interest and related party interest expense: Unrelated to core Company operations and excluded to provide more meaningful supplemental information regarding the Company’s core operational performance.
Depreciation and amortization: Non-cash charge, excluded to provide more meaningful supplemental information regarding the Company’s core operational performance.
Goodwill and/or asset impairments: Non-cash charge, excluded to provide more meaningful supplemental information regarding the Company’s core operational performance.
Equity-based compensation: Non-cash compensation provided to employees and service providers, excluded to provide more meaningful supplemental information regarding the Company’s core cash impacted operational performance.
Change in estimated acquisition earn-out payables: An earn-out liability is a liability to the seller upon an acquisition which is contingent on future earnings. These liabilities are valued at each reporting period and the changes are reported as either a gain or loss in the change in estimated acquisition earn-out payables account in the consolidated statements of operations. The gain or loss is non-cash, can be highly volatile and overall is not deemed relevant to ongoing operations, thus, it’s excluded to provide more meaningful supplemental information regarding the Company’s core operational performance.
Recognition and change in fair value of warrant liabilities: This account includes changes to derivative warrant liabilities which are valued at each reporting period and could result in either a gain or loss. The period changes do not impact cash, can be highly volatile, and are unrelated to ongoing operations, and thus are excluded to provide more meaningful supplemental information regarding the Company’s core operational performance.
Other income (expense), net: Includes certain non-routine income or expenses and other individually de minimis items and is thus excluded as unrelated to core operations of the company.
Gain on sale of business: Includes certain gains on sale of business and is thus excluded as unrelated to core operations of the company.
Unrealized gains (losses) on digital assets, net: This account includes unrealized gains and losses from digital assets and is thus excluded as unrelated to core operations of the company.
Transactional costs: This includes expenses related to mergers, acquisitions, financings and refinancings, and amendments or modification to indebtedness. These costs are unrelated to primary Company operations and are excluded to provide more meaningful supplemental information regarding the Company’s core operational performance.
Non-standard costs: This account includes non-recurring non-operational items, related to costs incurred for a legal suit the Company has filed against one of the third parties involved in previously discontinued operations and was excluded to provide more meaningful supplemental information regarding the Company’s core operational performance.
The following table provides a reconciliation from net income (loss) to AEBITDA for the period three and nine months ended September 30, 2025 and September 30, 2024
Three Months Ended September 30,
Nine Months Ended September 30,
2025
2024
2025
2024
Net income (loss)
(1,156,583
)
(837,314
)
(5,604,367
)
(7,673,373
)
Adjustments:
Interest and related party interest expense
251,426
391,122
895,657
1,204,902
Depreciation and amortization
313,694
421,759
1,020,440
1,425,700
Asset impairment
–
–
–
3,922,110
Share based compensation employees directors and third parties
2,808,446
62,790
5,312,988
551,598
Change in estimated acquisition earn-out payables
–
–
47,761
Other (income) expense, net
16,470
(65,785
)
41,068
(65,807
)
Transactional costs
61,450
21,813
452,686
394,909
Non-standard costs
23,072
48,124
(12,182
)
139,087
Recognition and change in fair value of warrant liabilities
Lakewood, NJ, Nov. 04, 2025 — Reliance Global Group, Inc. (NASDAQ: RELI) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, November 6, 2025, at 4:30 PM Eastern Time to discuss financial results for the third quarter 2025 and provide a business update.
A webcast replay will be available on the investor relations section of the Company’s website at https://relianceglobalgroup.com/events-and-presentations/ through November 6, 2026. A telephone replay of the call will be available approximately one hour following the call, through November 20, 2025, and can be accessed by dialing +1 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering access code 53204.
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.
Company Reaffirms Special Dividend for December 2, 2025, Payable to Shareholders of Record on October 30, 2025
LAKEWOOD, NJ, Oct. 27, 2025 — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced that it has completed a purchase of Solana (SOL), the native token of the Solana blockchain. The acquisition marks the latest milestone in Reliance’s Digital Asset Treasury (“DAT”) initiative, expanding the Company’s exposure to one of the fastest, most scalable, and cost-efficient blockchain networks in the world.
The addition of Solana builds upon Reliance’s earlier treasury purchases of Bitcoin, Ethereum, Cardano, and XRP, further advancing its disciplined strategy to construct a diversified portfolio of leading digital assets that align with the Company’s long-term vision of combining innovation, resilience, and sustained shareholder value.
Solana has emerged as one of the world’s top blockchain networks, distinguished by its exceptional transaction throughput, low costs, and rapidly expanding ecosystem of decentralized applications. Leveraging a unique hybrid architecture that combines Proof-of-Stake (PoS) with Proof-of-History (PoH), Solana offers:
High Throughput: Capable of processing over 65,000 transactions per second (TPS), making it one of the fastest blockchains in operation.
Fast Finality: Blocks confirm in roughly 400 milliseconds, enabling near-instant transaction settlement.
Low Fees: Transaction costs are typically fractions of a cent, facilitating scalable use across financial, gaming, and consumer applications.
Innovative Consensus: The Proof-of-History mechanism provides a cryptographic time source, allowing nodes to agree on the order of events without constant communication.
Expansive Ecosystem: Home to leading decentralized platforms such as Helium, Phantom, StepN, and Magic Eden, Solana supports a growing landscape of DeFi, NFT, and Web3 applications.
“Solana’s combination of speed, scalability, and real-world utility makes it an important addition to our digital asset treasury,” said Moshe Fishman, member of the Reliance Global Group Crypto Advisory Board and Director of Insurtech at Reliance. “By adding Solana alongside Bitcoin, Ethereum, Cardano, and XRP, we continue to execute our disciplined strategy of diversifying across leading blockchain ecosystems. Solana represents the next generation of blockchain performance – built for real-world adoption and institutional-scale applications.”
“We believe its inclusion reinforces Reliance’s commitment to innovation while maintaining a balanced approach to governance, security, and compliance. Under the guidance of our Crypto Advisory Board, we aim to responsibly participate in the evolution of decentralized technology and leverage these innovations to create long-term value for our shareholders.”
Reliance views the inclusion of Solana as a natural extension of its broader strategy to merge advanced technologies – including blockchain, artificial intelligence, and digital platforms – with its established strengths in insurance and financial services. The Company’s proprietary platforms, RELI Exchange and 5MinuteInsure.com, already demonstrate its ability to modernize insurance distribution through data-driven and AI-enhanced technologies.
The Company recently declared a special cash dividend of $0.03 per share, payable on or about December 2, 2025, to shareholders of record as of October 30, 2025.
“This dividend reflects our confidence in the Company’s financial strength and growth trajectory,” said Ezra Beyman, CEO of Reliance Global Group. “As we advance our digital asset strategy and expand across innovative technologies such as blockchain and AI, we remain focused on delivering long-term value to our shareholders.”
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by words such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions and include, without limitation, statements regarding: (i) our expectation that adding Solana (SOL) to our digital asset holdings-together with Bitcoin, Ethereum, Cardano and XRP-will strengthen our Digital Asset Treasury strategy and support long-term shareholder value; (ii) our belief that diversified exposure across leading blockchain networks provides resilience and growth potential for our treasury portfolio; (iii) our expectation that our governance, custody, risk management and compliance processes will enable responsible management of digital assets within a public-company framework; (iv) our belief that participation across blockchain ecosystems positions Reliance to benefit as institutional and commercial adoption evolves; and (v) other statements regarding our future financial and operating performance, business strategy, technology initiatives (Including blockchain and AI), capital allocation (including dividends), and execution.
These forward-looking statements are based on current expectations and assumptions, including, among others: (a) our ability to implement our Digital Asset Treasury strategy as approved by the Board; (b) sufficient stability and liquidity in cryptocurrency and blockchain markets to execute that strategy; (c) regulatory, accounting and tax frameworks that permit our participation in digital asset markets; and (d) the absence of material adverse changes in market, economic or regulatory conditions ; and (e) the availability of sufficient liquidity, retained earnings and other legally available funds to support any declared dividends, as determined by our Board in its discretion. Actual results could differ materially from those anticipated due to risks and uncertainties, including, without limitation: volatility, illiquidity or declines in cryptocurrency markets; operational, custody, cybersecurity and other technological risks; changes in laws, regulations, accounting standards or enforcement priorities that adversely affect digital asset holdings or blockchain initiatives; challenges integrating blockchain technologies with our businesses; competitive pressures from Insurtech, blockchain or digital-asset market participants; our ability to declare, fund and pay dividends in the future, which are at the discretion of our Board and depend on, among other things, our results of operations, cash flows, capital requirements, debt covenants, and applicable law; risks associated with development, integration and governance of AI technologies, including data, ethics, regulatory and cybersecurity considerations; and other risks described under “Risk Factors” in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2024 (as amended), our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. Except as required by law, Reliance Global Group, Inc. undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
LAKEWOOD, NJ, Sept. 30, 2025 — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced that it has completed a purchase of XRP, the native token of the XRP Ledger and the cryptocurrency used within the Ripple payment network. This transaction marks Reliance’s latest measured step in its Digital Asset Treasury (“DAT”) initiative, introducing diversified exposure to a top-tier asset recognized for its speed, scalability, and strong adoption in the global banking and financial services sector.
The addition of XRP follows Reliance’s earlier treasury purchases of Bitcoin, Ethereum, and Cardano. Together, these holdings reflect the Company’s disciplined approach to building a diversified portfolio of digital assets that align with its long-term strategy of combining innovation, stability, and value.
XRP is currently the fourth-largest cryptocurrency by market capitalization and is widely used as a bridge asset for international payments. Built for enterprise-grade applications, XRP provides:
Speed: Transactions typically settle in 3-5 seconds.
Low Cost: Transaction fees are fractions of a cent, making it efficient for micro-payments.
Liquidity & Banking Use: Ripple’s partnerships with global banks and payment providers drive adoption for cross-border settlements and liquidity management.
Scalability: Handles over 1,500 transactions per second, rivaling traditional payment networks.
Energy Efficiency: XRP Ledger consensus uses minimal energy compared to proof-of-work blockchains.
“Our strategy is to carefully build a treasury of digital assets with both strong fundamentals and real-world utility,” said Ezra Beyman, Chairman and CEO of Reliance Global Group. “XRP offers speed, efficiency, and proven value in global payments. By adding XRP to our portfolio alongside Bitcoin, Ethereum, and Cardano, we are reinforcing Reliance’s role at the forefront of blockchain adoption. We believe this disciplined diversification is designed to both capture the transformative potential of blockchain technology and to drive long-term shareholder value. With guidance from our Crypto Advisory Board, we are committed to balancing innovation with prudent governance, secure custody, and regulatory compliance. Our goal is to integrate digital assets into Reliance’s broader strategy in a way that delivers innovation today while creating lasting value for our shareholders.”
Reliance views the addition of XRP and other leading digital assets as an extension of its broader strategy to merge innovative technologies with its established strengths in insurance and financial services. Platforms such as RELI Exchange and 5MinuteInsure.com have already demonstrated the Company’s ability to modernize distribution and customer engagement through technology. By applying the same disciplined approach to blockchain participation, Reliance is positioning digital assets not as speculative instruments but as strategic tools to enhance resilience, efficiency, and growth. With a focus on secure custody, transparent oversight, and regulatory compliance, the Company seeks to responsibly integrate blockchain value into its operating model while creating sustainable opportunities for shareholders.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding:
Our expectation that the addition of XRP to our Digital Asset Treasury (“DAT”) may advance the objectives of our treasury strategy and long-term shareholder value;
Our belief that selectively engaging with established digital-asset networks can provide liquidity, diversification benefits, and strategic optionality as blockchain-based payment and settlement use cases evolve;
Our expectation that disciplined governance, custody, accounting, and compliance frameworks-supported by Board-approved policies-will allow us to responsibly manage digital assets within a public-company environment;
Our belief that evaluating integrations between blockchain capabilities and our AI-driven Insurtech platforms could enhance product innovation and operational efficiency over time; and
Our belief that, together, our digital-asset holdings reflect a disciplined approach to building a diversified portfolio aligned with our strategy of combining innovation, stability, and long-term value creation; and
Other statements relating to our future financial performance, business strategy, technology initiatives, capital allocation, and operational execution.
These forward-looking statements are based on a number of assumptions, including that: i) the Company is able to successfully implement its Digital Asset Treasury strategy as approved by the Board; (ii) cryptocurrency and blockchain markets remain sufficiently stable to allow for execution of our strategy; (iii) regulatory and accounting frameworks evolve in a manner consistent with our ability to participate in digital asset markets; and (iv) no material adverse changes occur in market, economic, or regulatory conditions.
Actual results could differ materially from those anticipated due to a variety of risks and uncertainties, including: volatility or declines in cryptocurrency markets; challenges in executing and managing digital asset investments; regulatory or accounting changes that adversely impact digital asset holdings or blockchain-based initiatives; technological risks related to custody, cybersecurity, or blockchain integration; competitive pressures from Insurtech, blockchain, or digital asset market participants; and other factors described under “Risk Factors” in our Registration Statement on Form S-1, Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission.
You are encouraged to carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, as well as other SEC filings, for a more complete discussion of these and other risks and uncertainties. Except as required by law, Reliance Global Group Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Builds on Earlier Ethereum and Cardano Purchases, Strengthening Digital Asset Diversification
LAKEWOOD, NJ, Sept. 29, 2025 — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced that it has completed its first purchase of Bitcoin (BTC) under its Digital Asset Treasury (“DAT”) initiative. This purchase represents Reliance’s latest and largest crypto position to date, underscoring Reliance’s ongoing strategy to include top-tier digital assets in its treasury portfolio, with Bitcoin now joining Ethereum and Cardano among its holdings.
This marks the third major step in Reliance’s digital asset strategy. Earlier this month, the Company announced its initial purchase of Ethereum (ETH), followed days later by the purchase of Cardano (ADA). Each of these purchases reflects Reliance’s measured and disciplined approach to diversifying its treasury with high-quality digital assets. With Bitcoin now added, Reliance’s current crypto portfolio represents three of the largest and longest standing blockchain networks in the world.
With this purchase, Reliance becomes one of the Nasdaq/NYSE listed companies holding Bitcoin in their treasury. The Company views Bitcoin not as a speculative asset but as a foundational store of value supported by broad adoption, deep liquidity, and strong security.
Bitcoin remains the original, highest market cap cryptocurrency and is often referred to as “digital gold.” Key factors include:
Limited supply / built in scarcity: Only 21 million BTC will ever exist, reinforcing Bitcoin’s deflationary attributes.
Robust network security: Powered by global mining operations, Bitcoin’s hashrate and decentralized consensus mechanisms are widely regarded as among the strongest in any blockchain.
High liquidity & institutional interest: Bitcoin is traded on virtually all major cryptocurrency exchanges and is increasingly held by institutional investors and corporate treasuries.
Growing adoption: As of mid 2025, global Bitcoin ownership/users is estimated in the hundreds of millions.
Transaction volume scale: The Bitcoin network processed approximately $19 trillion in transactions during 2024, more than double the prior year’s total.
Ezra Beyman, Chairman and CEO of Reliance Global Group, stated, “Our earlier purchases of Ethereum and Cardano laid the groundwork for Reliance’s digital asset treasury strategy, and today’s purchase of Bitcoin represents the next step in building a diversified portfolio of blockchain leaders. By strategically selecting assets with proven resilience, we are focused on creating a treasury that balances innovation, sustainability, and long-term value. Bitcoin brings a unique set of attributes – from its fixed supply and role as a hedge against inflation to its unmatched network security and growing institutional adoption that make it an essential component of a forward-looking digital asset strategy. Together with Ethereum’s strength in smart contracts and Cardano’s emphasis on sustainability, Bitcoin anchors our portfolio with the qualities of a globally recognized store of value. Guided by the expertise of our Crypto Advisory Board, we will continue to approach this initiative with discipline, ensuring governance, custody, and compliance remain paramount. Our goal is not short-term speculation, but the thoughtful integration of digital assets into Reliance’s broader vision, delivering sustainable growth and long-term value for our shareholders as blockchain technology becomes further embedded in the global financial system.”
Reliance has a track record of adopting advanced technologies in insurance and financial services, including AI, analytics, and digital platforms like RELI Exchange and 5MinuteInsure.com. Expanding into Bitcoin is a natural step in this strategy, providing a hedge against inflation, currency risk, and adding diversification across asset classes. Throughout this expansion, Reliance remains focused on regulatory compliance, transparent accounting, and secure custody to ensure its digital asset strategy is both disciplined and sustainable.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding:
Our expectation that the addition of Bitcoin to our holdings, alongside Ethereum and Cardano, will strengthen our Digital Asset Treasury strategy and long-term shareholder value;
Our belief that carefully diversifying across leading blockchain networks provides both resilience and growth potential in our treasury portfolio;
Our expectation that disciplined governance, custody, and compliance processes will allow us to responsibly manage digital assets within a public-company framework;
Our belief that Bitcoin, as a store of value, together with Ethereum’s smart contract ecosystem and Cardano’s sustainability focus, position Reliance to participate in foundational blockchain technologies as they gain broader institutional and commercial adoption; and
Other statements relating to our future financial performance, business strategy, technology developments, capital allocation, and operational execution.
These forward-looking statements are based on a number of assumptions, including that: i) the Company is able to successfully implement its Digital Asset Treasury strategy as approved by the Board; (ii) cryptocurrency and blockchain markets remain sufficiently stable to allow for execution of our strategy; (iii) regulatory and accounting frameworks evolve in a manner consistent with our ability to participate in digital asset markets; and (iv) no material adverse changes occur in market, economic, or regulatory conditions.
Actual results could differ materially from those anticipated due to a variety of risks and uncertainties, including: volatility or declines in cryptocurrency markets; challenges in executing and managing digital asset investments; regulatory or accounting changes that adversely impact digital asset holdings or blockchain-based initiatives; technological risks related to custody, cybersecurity, or blockchain integration; competitive pressures from Insurtech, blockchain, or digital asset market participants; and other factors described under “Risk Factors” in our Registration Statement on Form S-1, Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission.
You are encouraged to carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, as well as other SEC filings, for a more complete discussion of these and other risks and uncertainties. Except as required by law, Reliance Global Group Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
LAKEWOOD, NJ, Sept. 29, 2025 — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced that its Board of Directors has declared a special cash dividend of $0.03 per common share, payable on or about December 2, 2025, to stockholders of record as of October 30, 2025.
Ezra Beyman, CEO of Reliance Global Group, commented, “We are pleased to announce this special dividend as a way of rewarding our loyal shareholders who have continued to support the Company as we execute on our growth strategy. Over the past several quarters, we have made significant progress strengthening both our financial performance and balance sheet, and we believe this distribution underscores the confidence we have in the sustainability of our business model. While we remain focused on driving long-term growth through our Insurtech platform and agency network, we are equally committed to delivering near-term value to our shareholders. Importantly, this dividend also reflects the disciplined approach we are taking to capital allocation, which includes our recently announced crypto asset strategy. By thoughtfully building a diversified digital asset portfolio, beginning with Ethereum and Cardano, we are seeking to enhance both our long-term treasury management and overall shareholder value.”
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions.
Forward-looking statements in this press release include, without limitation, statements regarding: (i) the declaration, timing, mechanics and payment of the one-time cash dividend of $0.03 per share, including the record date of October 30, 2025 and the anticipated payment date of December 2, 2025; (ii) our expectations regarding liquidity, cash flows, and balance sheet strength sufficient to fund the dividend and ongoing operations; (iii) our capital allocation strategy, including potential future dividends or other returns of capital (if any), which remain at the discretion of the Board; (iv) our expectations about operational execution and growth of our Insurtech platform and agency network; and (v) our broader business strategy and treasury management initiatives, which may include our previously disclosed digital asset strategy.
These forward-looking statements are based on a number of assumptions, including that: (a) we maintain sufficient cash and availability under existing resources to fund the dividend and our business; (b) there are no unexpected delays or issues with transfer agent, banking or market infrastructure that could affect dividend processing; (c) market, economic and regulatory conditions remain consistent with management’s current expectations; and (d) our operating performance and capital needs are generally in line with plan.
Actual results could differ materially from those anticipated due to risks and uncertainties, including, among others: our ability to generate cash and maintain required liquidity; changes in financial, market, economic or regulatory conditions; potential operational or processing issues related to dividend payments; the possibility that the ex-dividend date or other logistics determined by the exchange differ from current expectations; our ability to execute on our operational initiatives and growth strategy; and other risks described under “Risk Factors” in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K and subsequent filings.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Except as required by law, Reliance Global Group, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
LAKEWOOD, NJ, Sept. 22, 2025 — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced that it has completed its first purchase of Cardano (ADA) under its recently launched Digital Asset Treasury (“DAT”) 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 (ETH) 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.
Cardano is one of the world’s top ten cryptocurrencies by market capitalization and stands apart for its research-driven foundation, energy efficiency, and real-world use cases. Unlike many blockchain projects, Cardano was developed from the ground up using peer-reviewed academic research and formal verification methods, ensuring each protocol upgrade is robust and scientifically validated.
Key benefits of Cardano include:
Energy-efficient Proof-of-Stake: Ouroboros consensus is secure, sustainable, and scalable.
Layered architecture: Separation of transaction and smart contract layers simplifies upgrades.
Governance and interoperability: ADA holders vote on proposals, with full decentralization underway.
Real-world adoption: Partnerships in developing nations, including blockchain-based IDs in Ethiopia.
Sustainability: Treasury model funds ongoing development without external reliance.
Ezra Beyman, Chairman and CEO of Reliance Global Group, stated, “Adding Cardano to our digital asset treasury reflects our commitment to assets that combine strong fundamentals with long-term potential. Cardano’s emphasis on sustainability, rigorous development, and community-driven governance makes it a compelling addition to our strategy. Unlike many companies that approach digital assets opportunistically, Reliance intends to pursue its treasury strategy with discipline and oversight. Our Crypto Advisory Board will continue to guide decisions such as this purchase, ensuring that governance, custody, and compliance remain aligned with best practices. We plan to strategically expand our digital asset position, focusing on quality over quantity and prioritizing long-term value creation for shareholders. By taking this measured approach, we believe Reliance is well-positioned to harness the benefits of blockchain innovation while reinforcing our broader vision of blending insurance technology with the possibilities of decentralized finance.”
Reliance has built its reputation on applying advanced technologies, including artificial intelligence, analytics, and modern distribution platforms, to deliver innovative insurance solutions through RELI Exchange and 5MinuteInsure.com. Extending this expertise to blockchain is the next step, as the Company works to unite Insurtech with decentralized finance and unlock new opportunities for growth.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding:
our expectation that building a diversified digital asset treasury-beginning with Ethereum and now Cardano (ADA)-may enhance long-term capital allocation and shareholder value;
our intention, subject to market conditions and governance approvals, to selectively expand digital asset positions over time;
our belief that disciplined execution, including oversight by the Crypto Advisory Board, robust custody, and compliance processes, can mitigate certain risks inherent in blockchain markets;
our expectation that learnings from blockchain initiatives may complement our Insurtech capabilities and broader strategy; and
other statements regarding future financial performance, business strategy, technology developments, capital allocation, and operational execution.
These forward-looking statements are based on a number of assumptions, including that: (i) we can continue to implement our digital asset treasury strategy as approved by our Board; (ii) cryptocurrency and blockchain markets remain accessible and sufficiently stable for execution; (iii) regulatory, accounting, tax, and market infrastructure evolve in a manner that permits corporate participation; and (iv) no material adverse changes occur in market, economic, or regulatory conditions. Actual results may differ materially due to, among other things: volatility or declines in cryptocurrency markets; execution, liquidity, or custody challenges; cybersecurity risks; regulatory, accounting, or tax developments adversely affecting digital asset holdings or related initiatives; and competitive dynamics across Insurtech, blockchain, and digital-asset markets, as well as the factors described under “Risk Factors” in our filings with the Securities and Exchange Commission.
Actual results could differ materially from those anticipated due to a variety of risks and uncertainties, including: volatility or declines in cryptocurrency markets; challenges in executing and managing digital asset investments; regulatory or accounting changes that adversely impact digital asset holdings or blockchain-based initiatives; technological risks related to custody, cybersecurity, or blockchain integration; competitive pressures from Insurtech, blockchain, or digital asset market participants; and other factors described under “Risk Factors” in our Registration Statement on Form S-1, Annual Report on Form 10-K, and other filings with the Securities and Exchange Commission.
You are encouraged to carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, as well as other SEC filings, for a more complete discussion of these and other risks and uncertainties. Except as required by law, Reliance Global Group Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
LAKEWOOD, NJ, Sept. 17, 2025 — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced that it has completed its first digital asset purchase under its recently launched Digital Asset Treasury (“DAT”) initiative, acquiring Ethereum (ETH). The purchase represents the initial step in Reliance’s broader plan to build a diversified digital asset portfolio, with future investments expected to include leading cryptocurrencies such as Bitcoin, Ethereum and Solana.
The Company plans to fund these activities through a combination of cash reserves and other approved corporate financing tools. Reliance’s DAT initiative is structured to pursue long-term capital appreciation through blockchain-based participation.
As part of this strategy, Reliance has also formed a dedicated Crypto Advisory Board (“CAB”) to guide management and the Board of Directors in the oversight, risk management, and execution of digital asset initiatives. The CAB will provide expertise on treasury management, blockchain integration, and governance practices critical to the Company’s expansion into digital assets.
Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group, stated, “This first Ethereum transaction is an important milestone for Reliance as we expand into digital assets. It demonstrates our commitment to ensuring that our operational systems – covering custody, governance, accounting, and compliance – are equipped to support this strategy on a larger scale. Reliance expects to continue purchasing Ethereum and other digital assets in measured increments, applying a disciplined approach to capital allocation as the treasury position develops over time.”
“Our entry into Ethereum underscores our conviction that blockchain technology is rapidly shaping the future of both finance and insurance. With the added oversight of our Crypto Advisory Board, we are confident this strategy provides shareholders with a forward-looking opportunity while maintaining our focus on responsible execution and risk management.”
Reliance has a longstanding history of leveraging artificial intelligence, data mining, and innovative distribution models to deliver competitive, technology-enabled insurance solutions through RELI Exchange and 5MinuteInsure.com. By applying similar innovation to the blockchain ecosystem, the Company seeks to pioneer the convergence of InsurTech and decentralized finance.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding:
Our expectation that building a diversified digital asset portfolio, beginning with Ethereum, may enhance our long-term treasury strategy and shareholder value;
Our belief that disciplined participation in blockchain-based markets can provide both capital appreciation and potential yield opportunities over time;
Our expectation that the formation of the Crypto Advisory Board will provide the expertise, oversight, and governance needed to execute our digital asset strategy responsibly;
Our belief that integrating blockchain capabilities with our existing AI-driven InsurTech platforms positions Reliance at the forefront of innovation in both insurance and decentralized finance; and
Other statements relating to our future financial performance, business strategy, technology developments, capital allocation, and operational execution.
These forward-looking statements are based on a number of assumptions, including that: (i) the Company is able to successfully implement its digital asset treasury strategy as approved by the Board; (ii) cryptocurrency and blockchain markets remain sufficiently stable to allow for execution of our strategy; (iii) regulatory and accounting frameworks evolve in a manner consistent with our ability to participate in digital asset markets; and (iv) no material adverse changes occur in market, economic, or regulatory conditions.
Actual results could differ materially from those anticipated due to a variety of risks and uncertainties, including: volatility or declines in cryptocurrency markets; challenges in executing and managing digital asset investments; regulatory or accounting changes that adversely impact digital asset holdings or blockchain-based initiatives; technological risks related to custody, cybersecurity, or blockchain integration; competitive pressures from InsurTech, blockchain, or digital asset market participants; and other factors described under “Risk Factors” in our Registration Statement on Form S-1, Annual Report on Form 10-K, and other filings with the Securities and Exchange Commission.
You are encouraged to carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, as well as other SEC filings, for a more complete discussion of these and other risks and uncertainties. Except as required by law, Reliance Global Group Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Company to Leverage FinTech and AI Expertise to Explore Tokenized Insurance-Linked Assets
Plans Purchase of Up to $120 Million in Cryptocurrencies such as Bitcoin, Ethereum and Solana Investments
LAKEWOOD, NJ, Sept. 15, 2025 — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced its Board of Directors has approved its strategic expansion into the digital asset and blockchain sector. As part of this initiative, the Company plans to build a diversified portfolio comprising leading cryptocurrencies, such as Bitcoin, Ethereum, and Solana. In accordance with the Company’s new digital asset treasury strategy, the Company plans to purchase up to $60 million in digital assets in the first phase, followed by up to an additional $60 million, totaling an aggregate of up to $120 million, to be managed by the Company’s newly formed Crypto Advisory Board (“CAB”), and subject to market and other conditions.
This initiative builds on Reliance’s extensive experience at the intersection of insurance, fintech, and artificial intelligence, including the success of the Company’s proprietary RELI Exchange platform. RELI Exchange is a B2B InsurTech platform and agency partner network that combines the low barriers to entry of an agency network with state-of-the-art technology, built on the AI and data mining backbone of 5MinuteInsure.com.
Leveraging these proven AI-driven capabilities and the Company’s new digital-asset treasury strategy, Reliance is additionally exploring opportunities to tokenize insurance-linked assets in ways not previously accessible to institutional and other investors. The Company believes this innovation could open the door to a new investment class that has historically been unavailable, bringing greater transparency, liquidity, and efficiency to the insurance-linked marketplace.
In connection with the new strategy, the Board of Directors has approved the formation of a new Crypto Advisory Board (“CAB”). The CAB will manage, oversee and advise management and the Board of Directors on the ongoing development of the Company’s digital-asset treasury strategy and related digital asset initiatives.
Ezra Beyman, Chairman and CEO of Reliance Global Group, commented, “Reliance has always been committed to staying at the forefront of technology-driven innovation. Our planned entry into cryptocurrency and blockchain-based insurance-linked assets marks another important step in this journey. Through our efforts to build a portfolio of premier digital assets and by exploring tokenization opportunities, we believe Reliance can create a new and dynamic investment class that aims to enhance shareholder value and can position the Company at the cutting edge of InsurTech and blockchain innovation. This initiative is designed to potentially unlock long-term growth opportunities for our investors while reinforcing Reliance’s role as a pioneer in financial and insurance technologies.”
Reliance has a longstanding history of leveraging artificial intelligence, data mining, and innovative distribution models to deliver competitive, technology-enabled insurance solutions through RELI Exchange and 5MinuteInsure.com. By applying similar innovation to the blockchain ecosystem, the Company seeks to pioneer the convergence of InsurTech and decentralized finance.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding:
Our expectation that building a diversified cryptocurrency portfolio may enhance our long-term treasury strategy and shareholder value;
Our belief that tokenizing insurance-linked assets could create a new investment class that provides improved transparency, liquidity, and efficiency;
Our expectation that leveraging blockchain and AI-driven capabilities will position Reliance at the forefront of InsurTech and decentralized finance innovation;
Our belief that the formation of the Crypto Advisory Board will provide the expertise and oversight necessary to execute our digital-asset treasury strategy effectively; and
Other statements relating to our future financial performance, business strategy, technology developments, capital allocation, and operational execution.
These forward-looking statements are based on a number of assumptions, including that: (i) the Company is able to successfully implement its digital-asset treasury strategy as approved by the Board; (ii) cryptocurrency and blockchain markets remain sufficiently stable to allow for execution of our strategy; (iii) regulatory and accounting frameworks evolve in a manner consistent with our ability to participate in digital-asset markets; and (iv) no material adverse changes occur in market, economic, or regulatory conditions.
Actual results could differ materially from those anticipated due to a variety of risks and uncertainties, including: volatility or declines in cryptocurrency markets; challenges in executing and managing digital-asset investments; regulatory or accounting changes that adversely impact digital-asset holdings or blockchain-based initiatives; technological risks related to custody, cybersecurity, or blockchain integration; competitive pressures from InsurTech, blockchain, or digital-asset market participants; and other factors described under “Risk Factors” in our Registration Statement on Form S-1, Annual Report on Form 10-K, and other filings with the Securities and Exchange Commission.
You are encouraged to carefully review our Annual Report on Form 10-K for the year ended December 31, 2024, as amended, as well as other SEC filings, for a more complete discussion of these and other risks and uncertainties. Except as required by law, Reliance Global Group Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
