All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.
- Reliance’s XRP purchase underscores how public companies are looking beyond the Bitcoin and Ethereum cryptocurrencies, validating XRP’s enterprise-grade payment use case.
- With the ETF approvals, alongside institutional adoption, continuously to tighten supply and fuel bullish sentiment for Ripple’s long-term positioning in global finance.
Reliance Global Group (Nasdaq: RELI) has quietly added XRP to its corporate treasury, marking another high-profile public company backing Ripple’s token. Also, according to the press release, Reliance completed an XRP purchase, adding to its existing holdings in Bitcoin, Ethereum, and Cardano that are part of its long-term strategy to build a diversified digital asset portfolio.
According to market observers, corporate adoption like this matters more than a token chart pump. Adding XRP to a public company’s ledger helps strengthen credibility, signaling that boardrooms increasingly see real utility in blockchain assets, not just speculative hype. Several crypto media outlets picked up the story within hours.
For an instance, as stated by Ezra Beyman, Chairman and CEO of Reliance Global Group, on the official announcement “Reliance Global Group (RELI) Adds XRP to Digital Asset Treasury,” the expansion of the portfolio is strategic. He also emphasized that their approach is to carefully build a treasury of digital assets with both strong fundamentals and real-world utility. He added:
XRP offers speed, efficiency, and proven value in global payments. By adding XRP to our portfolio alongside Bitcoin, Ethereum, and Cardano, we are reinforcing Reliance’s role at the forefront of blockchain adoption. We believe this disciplined diversification is designed to both capture the transformative potential of blockchain technology and to drive long-term shareholder value.
Implications for Ripple (XRP) Market Price
As the expansion by a Nasdaq-listed firm like Reliance carries profound implications for XRP’s price trajectory. Also, after previously Spot XRP Exchange Traded Fund (ETF) approvals, Crypto News Flash (CNF) report highlighted already that there are expected to be witnessed in October, creating bullish reactions around the asset.
Nevertheless, this regulatory momentum, combined with corporate treasury additions like Reliance’s, underscores how XRP is shaping up to be one of the most closely watched digital assets heading into Q4 2025.
Adding to this, the move contributes to the growing $11.5 billion in corporate crypto treasuries that include XRP. By reducing circulating supply and aligning with XRPL’s transaction-burning mechanism, Reliance’s adoption adds steady upward pressure to the token’s long-term value outlook.
As of now, XRP however, has a price of $2.82% with a decrease of 1.69% in the past day and 5.16% in the past week. However, analysts suggest it could catalyze a short-term rally of 5–10% as FOMO-driven retail inflows amplify momentum. See XRP price chart below.
