RYVYL Ceases Negotiations to Restructure Pre-funded Asset Sale
Core Viewpoint - RYVYL Inc. has ceased discussions regarding the restructuring of the pre-funded asset sale of its RYVYL EU subsidiary, indicating that the buyer is expected to finalize the sale soon [1] Company Overview - RYVYL Inc. is a leading innovator in payment transaction solutions, focusing on electronic payment technology for international markets [2] - The company was founded in 2017 as GreenBox POS and has developed a suite of turnkey financial products that emphasize security, data privacy, and rapid settlement [2] - RYVYL's platform is capable of logging large volumes of immutable transactional records at internet speed for various partners, merchants, and consumers globally [2]