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Reliance Group Buys $17M Worth of XRP for Treasury, Expert Says Move Could Go Beyond Investment

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Reliance Group Buys $17M Worth of XRP for Treasury, Expert Says Move Could Go Beyond Investment

Publicly-listed InsurTech company Reliance Global Group has announced its acquisition of XRP, marking a strategic move to expand its Digital Asset Treasury. According to a recent release, Reliance’s acquisition of XRP is part of its efforts to build a diversified portfolio of cryptocurrencies, following its earlier accumulation of Bitcoin, Ethereum, and Cardano.

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