24/7 Market News Snapshot 30 September, 2025 – Reliance Global Group, Inc. Common Stock (NASDAQ:RELI)
DENVER, Colo., 30 September, 2025 (www.247marketnews.com) – (NASDAQ:RELI) are discussed in this article.
Reliance Global Group, Inc. (RELI) is demonstrating significant growth in the stock market, currently soaring 7.23% to trade at $1.006, up from a previous close of $0.938. The trading session has been marked by increased interest, as evidenced by a robust volume of 2.22 million shares. This positive price movement raises expectations for an upward trend, particularly if the stock remains above the critical $1.00 resistance level. Investors are encouraged to closely monitor the evolving price and volume dynamics, as these indicators may provide insights into the sustainability of this rally.
In a marked advancement of its Digital Asset Treasury (DAT) initiative, Reliance has announced the acquisition of XRP, the native cryptocurrency of the XRP Ledger utilized extensively within the Ripple payment network. This strategic purchase follows previous investments in Bitcoin, Ethereum, and Cardano, reflecting the company’s commitment to diversifying its digital asset portfolio. As the fourth-largest cryptocurrency by market capitalization, XRP differentiates itself in the financial services sector with its rapid transaction capabilities, low fees, and energy-efficient framework for international payments.
Ezra Beyman, Chairman and CEO of Reliance Global Group, commented, “Integrating XRP into our asset portfolio enhances our innovative strategy regarding blockchain participation. The efficiency and speed of XRP align seamlessly with our mission to deliver both immediate and long-term value to our shareholders.”
The inclusion of XRP is anticipated to enhance the company’s liquidity and diversification, while underscoring its dedication to secure and compliant digital asset management. This acquisition marks a strategic step in Reliance’s ambition to merge technology with its established services in insurance and financial sectors, further solidifying its position as an innovative leader in the rapidly evolving landscape of digital assets.
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