Reliance Global Group Closes Enquantum Transaction, Launching Path to Majority Control of Post-Quantum Cybersecurity Platform
Rhea-AI Summary
Reliance Global Group (Nasdaq: EZRA) closed its strategic acquisition of Enquantum Ltd. on Feb 23, 2026, starting a milestone-driven path toward a 51% fully diluted controlling interest.
Enquantum develops hardware-accelerated, NIST-aligned post-quantum encryption for terabit-scale environments and holds a 2025 patent for FPGA-based quantum-resistant communications.
Positive
- Clear, structured pathway to 51% majority control via milestone-based tranche investments
- Enquantum holds a 2025 patent for FPGA-based quantum-resistant encrypted communications
- Product focus on hardware-accelerated, NIST-aligned post-quantum solutions built for terabit-scale low-latency environments
Negative
- Majority ownership and governance are contingent on achieving unspecified operational and commercialization milestones
- Commercial adoption depends on a multi-year cryptographic migration, creating extended integration timelines before material revenue realization
News Market Reaction – EZRA
On the day this news was published, EZRA gained 43.07%, reflecting a significant positive market reaction. Argus tracked a peak move of +90.7% during that session. Our momentum scanner triggered 46 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $2M to the company's valuation, bringing the market cap to $8M at that time. Trading volume was exceptionally heavy at 5.7x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 09 | Enquantum acquisition deal | Positive | +55.6% | Definitive agreement to acquire 51% controlling interest in Enquantum. |
| Feb 04 | Scale51 launch | Positive | -7.8% | Launch of Scale51 operating and acquisition model under EZRA International Group. |
| Feb 02 | P&C premium growth | Positive | -14.2% | 36% year-over-year increase in personal lines P&C written premium via RELI Exchange. |
| Feb 02 | Health policy growth | Positive | -14.2% | 72% increase in health insurance policies written through RELI Exchange in 2025. |
| Jan 30 | Health policy update | Positive | +9.8% | Detailed 72% YoY increase in RELI Exchange health policies and network expansion. |
Recent positive strategic and growth updates often saw mixed reactions, with several strong operating metrics sold off despite favorable news.
Over recent months, Reliance Global Group highlighted growth at RELI Exchange and the build-out of its EZRA International Group. On Jan 30, it reported a 72% increase in health policies, followed by further policy and premium growth updates on Feb 02. On Feb 04, the company launched its Scale51 model, then on Feb 09 signed a definitive agreement to acquire 51% of Enquantum. Today’s completion of the Enquantum transaction continues this shift toward technology and cybersecurity platforms.
Market Pulse Summary
The stock surged +43.1% in the session following this news. A strong positive reaction aligns with the company’s ongoing shift toward technology and cybersecurity platforms under EZRA International Group. The completed Enquantum transaction follows the earlier definitive agreement and Scale51 launch, reinforcing a milestone-based path to 51% control. With shares previously trading 46.48% below the 52-week high and low volume vs a 24,481,118 share average, positioning and liquidity conditions could have influenced the magnitude of any upside move.
Key Terms
rivest-shamir-adleman (rsa) technical
elliptic curve cryptography (ecc) technical
post-quantum cryptography technical
nist regulatory
fpga technical
AI-generated analysis. Not financial advice.
Post-Quantum Encryption Transition Expected to Drive a Multi-Year Global Cybersecurity Upgrade Cycle
LAKEWOOD, NJ, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: EZRA) (“we,” “us,” our,” the “Company” or “Reliance”) today announced the completion of its strategic acquisition of Enquantum Ltd., a post-quantum cryptography company developing quantum-resilient encryption technology. The transaction marks the first active platform acquisition executed under EZRA’s Scale51 operating model and establishes a defined pathway toward majority control as the Company moves to build Enquantum into a core operating platform within EZRA International Group. Quantum computing advancement is accelerating globally, intensifying concern that widely deployed encryption standards such as Rivest-Shamir-Adleman (RSA) and Elliptic Curve Cryptography (ECC) — which secure financial systems, hyperscale cloud infrastructure, telecommunications backbones, AI platforms, government systems, and other critical infrastructure — may become vulnerable to quantum-enabled attacks. Security agencies and industry experts have warned of “harvest now, decrypt later” strategies, in which encrypted data is captured today with the expectation it may be decrypted once sufficiently advanced quantum systems become available.
In response, global standards bodies including the U.S. National Institute of Standards and Technology (NIST) are advancing post-quantum cryptographic standards in preparation for what many expect to be a multi-year infrastructure upgrade cycle across public and private networks.
Global cybersecurity spending is projected to exceed
Post-quantum security is moving from research into infrastructure planning. Cryptographic migrations require extended integration timelines involving hardware implementation, network redesign, compliance validation, and interoperability testing. Organizations responsible for protecting sensitive data and critical systems are increasingly evaluating post-quantum frameworks well before full-scale quantum capability emerges.
Enquantum is developing hardware-accelerated, NIST-aligned post-quantum cryptographic solutions engineered for high-throughput, performance-sensitive environments. Enquantum’s architecture is designed to operate at terabit scale without degrading latency — a key requirement for financial institutions, telecommunications carriers, cloud providers, data centers, and government networks. In 2025, Enquantum was granted a patent covering FPGA-based encrypted communications utilizing quantum-resistant techniques, reinforcing its intellectual property position and technical differentiation.
“This transaction advances our strategy to acquire majority control of a company in an increasingly important sector as the industry transitions to post-quantum standards,” said Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group. “We structured a milestone-driven acquisition pathway designed to culminate in majority control ownership, and today we executed Phase I. We believe, post-quantum encryption is not optional over the long term — it is a structural shift in how critical systems will be secured. We intend to build Enquantum into a scaled operating business under our control.”
Moshe Fishman, Senior Vice President of Strategic Ventures, added, “Infrastructure-level encryption changes take years to deploy. Organizations cannot afford to wait until quantum systems are fully mature before preparing. Enquantum’s hardware-based approach is designed for environments where security upgrades must be implemented without sacrificing throughput or operational performance. Our staged acquisition framework aligns capital deployment with measurable execution milestones as we advance toward majority ownership. Our decision to acquire Enquantum reflects our strategy to secure ownership in foundational cybersecurity infrastructure while actively supporting commercialization. Beyond capital, Reliance brings operational scaling experience, strategic partnerships, and market-access capabilities that we believe can accelerate Enquantum’s path into the North American market, including government and advanced enterprise environments with our business partners, as demand for quantum-resilient encryption grows.”
Roman Vercetti, CEO of Enquantum Ltd. commented, “Enquantum is very excited to partner with Reliance Global Group to deliver market-leading Post Quantum innovative solutions for the future of networking and security. Reliance’s EZRA International Group shares our vision towards a safer, faster and smarter connected world.”
Under the terms of the definitive agreement, Reliance acquired an initial equity position in Enquantum through the conversion of a previously issued secured bridge note and an additional cash investment as the first milestone payment. The agreement provides for structured, milestone-based tranche investments designed to increase Reliance’s ownership position over time to a
The Enquantum transaction represents the first executed platform investment under the Company’s Scale51 operating model as part of the Company’s EZRA International Group strategy. Scale51 is designed to identify high-impact technology sectors, structure disciplined pathways to majority control, and provide active operational support to scale businesses with long-term value potential.
The transition toward quantum-resilient security is expected to affect regulated financial systems, cloud and AI infrastructure, telecommunications networks, defense environments, and other critical systems that rely on modern cryptographic protection. Through its planned majority ownership strategy, the Company intends to position Enquantum to participate in this migration as adoption expands globally.
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (NASDAQ: EZRA) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products.
In addition to its insurance and Insurtech operations, Reliance operates EZRA International Group, its strategic growth platform focused on identifying, acquiring, and building majority or controlling stakes in high-growth technology companies. EZRA International Group is designed to complement Reliance’s core insurance business by expanding market reach and supporting long-term shareholder value creation through disciplined capital allocation and active ownership.
Further information about the Company can be found at https://www.relianceglobalgroup.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by the use of words such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “seek,” “potential,” “target,” or similar expressions.
Forward-looking statements in this press release include, without limitation, statements regarding: the Company’s expected pathway to increase its ownership in Enquantum Ltd. to a
These forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties, many of which are beyond the Company’s control. Such risks and uncertainties include, without limitation: the risk that future milestone conditions are not achieved or are delayed; the risk that the Company is unable to fund future tranche investments on anticipated terms or timelines; the risk that the Company does not ultimately obtain majority ownership or governance control; risks related to the development, validation, performance, regulatory acceptance, commercialization or market adoption of Enquantum’s technology; the risk that post-quantum standards adoption or infrastructure migration occurs more slowly or differently than anticipated; integration, execution and scaling challenges associated with supporting an early-stage technology company; the risk that anticipated synergies or strategic benefits are not realized on expected timelines or at all; intellectual property, cybersecurity, regulatory and data protection risks; the Company’s ability to access capital on acceptable terms or at all; and general economic, market, interest rate and geopolitical conditions.
Actual results may differ materially from those expressed or implied by these forward-looking statements. Additional information regarding factors that may cause actual results to differ materially is included under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, as amended, and in the Company’s subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Except as required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances after the date of this press release.
Contact:
Crescendo Communications, LLC
Tel: +1 (212) 671-1020
Email: EZRA@crescendo-ir.com
FAQ
What did Reliance Global Group announce about Enquantum on Feb 23, 2026 (EZRA)?
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