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Nasdaq Reliance Global Group Buys XRP, Trump Jr. Interested Too
Reliance Global Group, Inc. (Nasdaq: RELI) has officially added XRP to its Digital Asset Treasury portfolio, marking another step in corporate crypto adoption. The news comes alongside recent discussions between Donald Trump Jr. and cryptocurrency commentator Ben Armstrong—better known as Bitboy—about how XRP could actually transform cross-border payments, signaling some growing institutional and even political interest in the digital asset right now.
Also Read: Market Experts Back XRP $1000 Vision Amid Ripple’s Expanding Utility
Also Read: Market Experts Back XRP $1000 Vision Amid Ripple’s Expanding Utility## XRP Gains Traction With Reliance Nasdaq Listing & Political Attention
The purchase was announced as part of Reliance’s Digital Asset Treasury initiative, which already includes Bitcoin, Ethereum, and Cardano in its portfolio. XRP was selected for its rapid settlement times along with minimal transaction costs, according to the company’s statement. At the time of writing, XRP ranks as the fourth-largest cryptocurrency and remains a leading option for international settlement, with transactions being completed within three to five seconds.
JUST IN: Nasdaq-Listed Reliance Global Group Adds $XRP to Its Digital Treasury Holdings. pic.twitter.com/UHTlRPVfyq
Ezra Beyman, Chairman and CEO of Reliance Global Group, stated:
“The company’s objective is to build a treasury of digital assets with real-world utility and strong fundamentals. Adding XRP alongside Bitcoin, Ethereum, and Cardano reinforces Reliance’s position as an early corporate adopter of blockchain technology. The initiative strikes a balance between innovation and sound governance and regulatory compliance, supporting both growth and shareholder value.”
“The company’s objective is to build a treasury of digital assets with real-world utility and strong fundamentals. Adding XRP alongside Bitcoin, Ethereum, and Cardano reinforces Reliance’s position as an early corporate adopter of blockchain technology. The initiative strikes a balance between innovation and sound governance and regulatory compliance, supporting both growth and shareholder value.”### Trump Jr. and Bitboy Talk Cross-Border Payments
A recent exchange between Ben Armstrong and Donald Trump Jr. has sparked fresh interest in XRP’s potential. CryptoSensei shared the video on X, where Armstrong explained how XRP addresses some persistent inefficiencies in global finance that have frustrated businesses for years.
Donald Trump Jr. and Ben Armstrong (BitBoy) discussed using #XRP for cross-border payments across the U.S.!
XRP is gaining momentum as the global standard for value transfer! pic.twitter.com/Oke13P0gDn
Armstrong described the differences between traditional systems and newer blockchain networks:
“When something is happening on the SWIFT system, it’s always got to come in on the back end and do all the work.”
**“When something is happening on the SWIFT system, it’s always got to come in on the back end and do all the work.”**He also highlighted that the conventional international payments may take between five to seven days to be processed. However, XRP transactions could be concluded in 30 seconds. Armstrong made a comparison of XRP with the SWIFT network. He called Bitcoin and XRP networks of value and the SWIFT system a network of information. The discussion is issued when President Trump has already expressed his public support of cryptocurrency innovation.
Also Read: XRP Could Have Grown Your Investments By 5x From 2024 to Now
Also Read: XRP Could Have Grown Your Investments By 5x From 2024 to NowThe debate puts XRP in the heart of political discussion involving cross-border payments and presents the technology to one of the most powerful families within the politics of the United States. It is yet to be determined whether this will result in additional adoption but the time and the announcement by Reliance proves that there is an increase in volition towards corporate and political use of the XRP payment solutions.