Ryvyl (US:RVYL) Globenewswireยท2025-07-22 11:00Core Insights - RYVYL Inc. has announced a strategic pivot towards cryptocurrency custodial services, indicating a shift in its business model [1][2] - S8 Global Fintech & Regtech Fund has acquired approximately 3.6 million shares of RYVYL, representing over 10% of the company's outstanding shares, making it the largest stockholder [1][2] Company Overview - RYVYL Inc. is a leading innovator in payment transaction solutions, focusing on enhancing electronic payment technology for various international markets [5] - The company was founded in 2017 as GreenBox POS and has developed a suite of financial products that emphasize security, data privacy, and rapid transaction settlement [5] Strategic Developments - RYVYL is pursuing a digital asset acquisition strategy and has engaged in initial discussions with S8 to explore potential collaboration [3] - The company announced its enhanced business plan, which includes the introduction of cryptocurrency custodial services, in a press release dated June 16, 2025 [2] S8 Global Fintech & Regtech Fund Overview - S8 is a Luxembourg-based alternative investment fund that focuses on strategic investments in Fintech, Regtech, Insurtech, and Data Technology sectors [2][4] - The fund has full ownership of UK and EU regulated payment institutions and aims to leverage technology to transform financial services [4]