- Reliance Global Group adds Solana to diversify its cryptocurrency holdings.
- The company’s crypto portfolio now includes exposure to Bitcoin, Ethereum, XRP and Cardano.
- Investing in Solana allows Reliance to proactively embrace blockchain innovation.
Reliance Global Group Inc. (NASDAQ: RELI) has expanded its cryptocurrency portfolio by adding Solana (SOL), marking another step in the company’s ongoing digital asset treasury strategy.
The move places the firm among a growing list of publicly traded companies integrating blockchain-based assets into their corporate balance sheets.
Announced on October 27, 2025, the company confirmed that Reliance now holds five of the top ten cryptocurrencies by market capitalization — Bitcoin, Ethereum, Cardano, XRP and Solana.
This addition highlights the company’s confidence in the long-term potential of blockchain technology and its applications across finance and enterprise innovation.
Reliance broadens its blockchain exposure
Reliance’s decision to acquire Solana represents a significant milestone in its broader digital asset diversification strategy.
The company described the purchase as part of its disciplined approach to building exposure across leading blockchain ecosystems.
“By adding Solana alongside Bitcoin, Ethereum, Cardano and XRP, we continue to execute our disciplined strategy to diversify across leading blockchain ecosystems,” said Moshe Fishman, member of Reliance Global Group’s Crypto Advisory Board and Reliance’s Insurtech Director. “Solana represents next-generation blockchain performance — built for real-world use and institutional-scale applications.”
Solana, currently the sixth-largest cryptocurrency by market capitalization at over $110 billion, has become increasingly attractive to corporate treasuries and institutional investors.
Known for its hybrid Proof-of-Stake and Proof-of-History consensus mechanisms, Solana can process more than 65,000 transactions per second, with blocks confirmed in roughly 400 milliseconds.
The chain’s scalability and efficiency have made it a favored platform for decentralized finance (DeFi), non-fungible tokens (NFTs) and Web3 applications.
Fishman noted that expanding into Solana aligns with Reliance’s commitment to innovation while maintaining a balanced focus on governance, security and compliance.
Institutional interest in Solana grows
Reliance’s inclusion of Solana in its treasury comes amid rising institutional and corporate interest in blockchain technology.
Solana’s expanding ecosystem — including DeFi protocols, tokenized real-world assets and NFT platforms — continues to drive adoption.
Market analysts point to Solana’s increasing appeal as a treasury asset, supported by expectations of regulatory approval for spot Solana exchange-traded funds (ETFs).
The token traded near $200 on October 27, reflecting broader confidence in the blockchain’s utility and scalability.
Reliance’s move follows similar announcements by other public companies in recent months, as corporate treasuries diversify beyond traditional assets to hedge against inflation and capture long-term value in digital markets.
Companies holding Solana in their treasuries
Adding Solana to Reliance Global Group’s treasury is a strategic step many other public companies across markets have also taken.
SOL’s price has largely benefited from positive sentiment around these institutional efforts.
Aside from DeFi, NFT and tokenized real-world asset use cases, Solana’s native token has gained notable upward momentum from the growing practice of corporate treasuries allocating to crypto.
Forward Industries, Solana Company, Upexi, DeFi Development Corp, Sol Strategies and Sharps Technology are among the leading companies holding SOL in their treasuries.
Data from CoinGecko indicates the top 10 public companies collectively hold more than 15.7 million SOL, with a combined value exceeding $3.18 billion.