Reliance Global Group, Inc. (NASDAQ: RELI) has announced a strategic expansion into the digital asset and blockchain sectors. The company's board has approved a plan to build a diversified portfolio including cryptocurrencies such as Bitcoin, Ethereum, and Solana. In the first phase, Reliance plans to invest up to $60 million in digital assets, with a subsequent investment of an additional $60 million, totaling up to $120 million. These investments will be managed by a newly established cryptocurrency advisory board and will be subject to market and other conditions. Additionally, Reliance is exploring opportunities to tokenize insurance-related assets.