Reliance Global Group Launches Scale51 with Acquisition of Quantum-Resilient Encryption Firm Enquantum

Reliance Global Group has acquired Enquantum Ltd., a quantum-resilient encryption firm, as the first platform acquisition under its new Scale51 operating model. This move addresses the rising threat of quantum computing to current encryption standards and positions Reliance to capitalize on the anticipated $300 billion+ annual cybersecurity spend by 2029, driven by the transition to post-quantum cryptography. Enquantum specializes in hardware-accelerated, NIST-aligned solutions designed for high-throughput environments, and Reliance plans to build it into a core operating platform.