Reliance Global Group has added Solana to its digital asset portfolio, a move that sees the Nasdaq-listed company now boast treasury holdings with five of the top ten cryptocurrencies today.
Summary
- Nasdaq-listed Reliance Global Group has added Solana to its corporate treasury strategy.
- Reliance now boasts a diversified crypto treasury portfolio that includes Bitcoin, Ethereum, XRP, and Cardano.
- SOL continues to see corporate treasury interest amid various market adoption catalysts.
Reliance is the latest public company to tap into the digital asset treasury mania.
On October 27, 2025, the company announced it had hit a key milestone with the expansion of its crypto balance sheet via a notable Solana (SOL) purchase.
Reliance adds Solana to treasury strategy
Scooping SOL sees Reliance add the Solana token to its digital treasury haul that includes Bitcoin, Ethereum, Cardano, and XRP.
The move to add Solana, a sixth largest cryptocurrency with a market of over $110 billion, comes a few weeks after the company bought BTC and XRP. Those buys, announced in late September, came as public companies from across the globe raised billions of dollars for DATs.
SOL is part of the company’s long-term vision of tapping into blockchain innovation and market opportunities to bring value to shareholders.
“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,” said Moshe Fishman, a member of the Reliance Global Group Crypto Advisory Board.
Moshe, who also works as Director of Insurtech at Reliance, added that expanding with the altcoin s part of Reliance’s commitment to promote innovation even as it eyes “a balanced approach to governance, security, and compliance.”
Why is Solana attracting institutional interest?
Solana’s continued growth as a key blockchain ecosystem for decentralized finance, non-fungible tokens and web3 sees its native token become an attractive treasury asset across Wall Street.
Real-world assets tokenization is also a rapidly expanding market for top chains, while the anticipation around official approval of spot Solana exchange-traded funds is also driving increased attention.
Meanwhile, SOL price has looked to ride the tailwinds to go higher. The token traded near $200 on Oct. 27.
