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Reliance Global Group Enters Term Sheet to Acquire Controlling Stake in Enquantum, a Post-Quantum Cybersecurity Company
Enquantum’s hardware-accelerated post-quantum cryptography targets what certain industry participants believe could represent a significant transition in
About this update from Reliance Global Group, Inc.
[{"type":"text","content":"Enquantum’s hardware-accelerated post-quantum cryptography targets what certain industry participants believe could represent a significant transition in cybersecurity standards over time\n LAKEWOOD, NJ, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: EZRA) (the “Company”) today announced that it has entered into a non-binding term sheet to acquire a controlling interest in Enquantum Ltd., a post-quantum cryptography technology company addressing what many experts view as an emerging and systemic threat to essential global services and digital infrastructure that rely on encryption for security. In addition, in connection with the term sheet, On January 15, 2026, Reliance executed a secured promissory note as an advance of the initial funding under a definitive agreement, if executed. The Promissory Note is secured by all of the assets of Enquantum and payable within 60 days of its issuance date if a definitive agreement is not entered into. If a definitive agreement is entered into, the balance due under the Promissory Note will be applied against the first two payment milestones.\n Under the terms of the term sheet, Reliance, through its recently established subsidiary, EZRA International Group, a newly formed division focused on acquiring controlling stakes of high-tech companies, intends to pursue a controlling ownership position in Enquantum through a structured, milestone-based investment process over the next twelve months, subject to the negotiation and execution of definitive agreements, completion of due diligence, and customary closing conditions.\n As quantum computing continues to advance, cybersecurity experts increasingly warn that existing cryptographic standards may become obsolete, fundamentally affecting the security of critical global infrastructure. This shift is accelerating as industry progress brings quantum computing closer to levels capable of challenging the encryption systems that underpin today’s financial networks, cloud infrastructure, artificial intelligence workloads, telecommunications networks, and government communications, driving growing urgency across governments, enterprises, and hyperscale operators to transition toward post-quantum cryptography (PQC)—security frameworks designed to remain resilient in a quantum-enabled environment. Industry experts increasingly vie...