8 October 2025
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Reliance Global Group Acquires $17 Million XRP for Treasury Holdings
Reliance Global Group Acquires $17 Million in XRP
- Nasdaq-listed Reliance Global Group purchased $17 million worth of XRP, adding to its digital asset treasury.
- This acquisition supports the firm's strategy to diversify into blockchain-based assets with strong fundamentals.
- Corporate treasuries now hold a total of $11.5 billion in XRP.
- Ezra Beyman, CEO, emphasized XRP's speed, scalability, and energy efficiency as reasons for the purchase.
- XRP ranks 5th by market capitalization at $172.32 billion but has seen price stagnation recently, trading at $2.87 after a 3.21% decline over 24 hours.
- Attention is currently more on BTC, which recently surpassed $126,000.
- An expected US SEC approval of an XRP ETF could shift focus back to XRP.
PepeNode (PEPENODE) Gains Attention
- PepeNode is gaining traction by combining memes with virtual mining.
- The project raised $1.74 million, up from $544,648.31 a month ago.
- Current token price: $0.0010918, with a scheduled price increase soon.
- Promised staking rewards of up to 3022%, available for purchase via credit/debit cards or cryptocurrency.