TechFlow, September 22 — According to GLOBE NEWSWIRE, Reliance Global Group (Nasdaq: RELI) announced the completion of its first ADA purchase under its Digital Asset Treasury (DAT) program, though the company has not disclosed the specific amount acquired.
Ezra Beyman, Chairman and CEO of Reliance Global Group, stated that adding ADA to the digital asset treasury reflects the company's commitment to assets with strong fundamentals and long-term potential. Unlike many companies that speculatively engage in digital assets, Reliance plans to execute its treasury strategy with discipline and oversight, with its Cryptocurrency Advisory Committee continuing to guide such decisions.
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