Reliance Global establishes digital asset treasury strategy, plans to invest $60 million in the first phase to purchase BTC, ETH, and others

Jinse Finance reported that Nasdaq-listed company Reliance Global Group announced that its board of directors has approved a strategic expansion into the digital asset and blockchain sectors, and has established a digital asset treasury portfolio including BTC, ETH, and SOL. The company plans to purchase up to $60 million worth of digital assets in the first phase, followed by an additional $60 million investment, bringing the total investment to $120 million. These assets will be managed by its newly established Cryptocurrency Advisory Committee.