Nasdaq-listed company Reliance Global has made its first investment in Cardano (ADA), and the probability of ADA ETF approval has soared to 92%.

On September 24, 2025, news came that on the occasion of the eighth anniversary of the Cardano Genesis Block, Nasdaq-listed financial services company Reliance Global Group announced its first purchase of Cardano (ADA) as part of its digital asset treasury (DAT) program. The company had previously held Ethereum, and this acquisition aims to diversify its asset portfolio and strengthen its long-term value positioning. Recently, Cardano's on-chain volume surpassed 114 million transactions, and the probability of ADA ETF approval has risen to 92%, indicating growing institutional confidence in the Cardano ecosystem.

Reliance Global incorporates Cardano into its portfolio for the first time

Reliance Global Group, as a Nasdaq-listed Financial Service company, has officially added Cardano (ADA) to its digital asset treasury (DAT), marking the company's first foray into ADA. This acquisition is an extension of Reliance Global's digital asset strategy, which previously included mainstream assets like Ethereum. The company emphasizes that the choice of Cardano is based on its technological advancement and ecological maturity, and this investment aims to address market volatility and capture long-term growth opportunities through diversified holdings. This move also coincides with the eighth anniversary of the Cardano mainnet launch, highlighting the dual significance of the project milestone and institutional recognition.

Long-term Investment Strategy Focuses on Cardano's Fundamental Advantages

Reliance Global's investment decisions are not focused on short-term gains, but rather based on the solid fundamentals of Cardano. The company points out that Cardano's scalable architecture, energy-efficient Proof of Stake (PoS) mechanism, and real-world applications (such as decentralized finance DeFi) are key factors in its selection. Reliance Global states that its treasury management strategy prioritizes projects with clear development roadmaps and real-world adoption potential, and Cardano's progress in compliance, interoperability, and sustainability aligns well with this. This approach reflects the increasing emphasis by institutional investors on the technical substance of blockchain projects rather than market speculation.

Cardano Milestone: Volume Exceeds 114 Million Transactions

Cardano's recent on-chain data shows a strong growth trend, with its network's cumulative volume surpassing 114 million transactions, maintaining an upward trend even amid overall market volatility. This achievement is attributed to Cardano's continuous innovation in areas such as scalability, privacy, and tokenization, including the advancement of the Hydra Layer 2 solution and optimization of the native asset standard. The number of decentralized applications (dApp) within the ecosystem is steadily increasing, further validating its positioning as a high-performance blockchain. Reliance Global specifically mentioned in its investment statement that Cardano's high throughput and low energy consumption characteristics are the core basis for its long-term optimism.

ADA ETF approval probability reaches 92%, institutional funds are about to flow in

Market data shows that the approval probability of the ADA exchange-traded fund (ETF) has recently skyrocketed to 92%, setting a historical high. This optimistic expectation stems from the gradual clarification of the regulatory environment and institutional recognition of Cardano's underlying technology. If the ADA ETF is approved, it will bring a large-scale influx of passive capital into the market, potentially significantly enhancing ADA's liquidity and valuation base. Reliance Global's timely entry positions it to benefit first from this trend. Analysts point out that Cardano's progress within the compliance framework (such as smart contract audit standards) is an important reason for its ETF application gaining support, while the expansion of enterprise-level applications (such as supply chain finance and digital identity) reinforces its investment narrative.

Conclusion

Reliance Global's strategic investment in Cardano not only reflects traditional financial giants' recognition of the blockchain value capture model but also mirrors the cryptocurrency market's maturation trend from speculation-driven to fundamentals-driven. As expectations rise for the approval of the ADA ETF and the continuous expansion of the Cardano ecosystem, the demand for institutional allocation of digital assets may further be unleashed. In the future, whether Cardano can stand out in public chain competition with its technological moat is worth the market's continued attention.

Disclaimer: This article is for news information only and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investors should make cautious decisions.