Reliance Global Group, a Nasdaq-listed insurance firm, has expanded its digital asset portfolio by acquiring $17 million worth of XRP. This move follows the company's previous investments in Bitcoin, Ethereum, and Cardano. CEO Ezra Beyman highlighted XRP's speed, efficiency, and utility in global payments as primary factors for the investment. Ripple advocate Bill Morgan noted that this acquisition underscores a strategic approach to integrating cryptocurrency for innovation and compliance, reflecting growing institutional interest in blockchain technology.