Reliance Global Group (Nasdaq: RELI) has announced a $17 million purchase of XRP, declaring a large step in its Digital Asset Treasury (DAT) strategy. This acquisition diversifies the company’s blockchain asset holdings, adding XRP to an already established portfolio that includes Bitcoin, Ethereum, and Cardano. As the fifth-largest cryptocurrency by market capitalization, XRP continues to gain traction in the corporate treasury space, with institutional holders now holding a total of over $11.5 billion in XRP reserves.
Reliance Group Global has added XRP to its digital asset treasury. The rumor is XRP valued at $17 million.
The announcement which was filed by the company with the SEC on 30 September 2025, discloses that the company had added XRP to its existing treasury holdings that include… pic.twitter.com/JrKDkQXGoj
— bill morgan (@Belisarius2020) October 8, 2025
The decision to add XRP to Reliance’s digital asset reserves is part of a general strategy to incorporate blockchain technology into the company’s long-term financial planning. XRP, known for its speed, scalability, and low transaction costs, is widely used for cross-border payments.
The cryptocurrency is well-suited for enterprise-grade applications, offering transaction settlement times of 3 to 5 seconds and fees that are mere fractions of a cent. With these features, XRP has become a popular choice for global banks and payment providers seeking efficient and cost-effective solutions.
Ezra Beyman, Chairman and CEO of Reliance, noted that the addition of XRP strengthens the company’s position at the top of blockchain adoption. Beyman remarked that the token’s combination of speed, efficiency, and scalability aligns well with Reliance’s broader strategy, aiming to balance innovation with governance, secure custody, and regulatory compliance.
Growing Interest in XRP Among Public Companies
Reliance’s $17 million XRP purchase contributes to the growing trend of corporate adoption of the cryptocurrency. Data from Crypto Treasury Tracker shows that XRP holdings in corporate treasuries have now surpassed $11.5 billion in value, highlighting the asset’s rising popularity as a reserve asset among publicly traded companies.
SBI Holdings, Trident Digital, and Webus International are currently the largest institutional holders of XRP. SBI Holdings, based in Japan, leads the pack with approximately $10.4 billion in XRP reserves. Other companies, including VivoPower and Gumi Inc., are also expanding their XRP treasuries, with Gumi allocating $13.5 million of its recent $38 million capital raise towards XRP. VivoPower, in turn, raised $19 million through a share sale to boost its own XRP treasury.
As Reliance continues to build its diversified digital asset portfolio, the company’s commitment to innovation and prudent financial governance will likely be key to maximizing the potential of blockchain technologies for long-term shareholder value.
Evans Kelvin
Brenda Kanana
