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Roundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem
Globenewswire· 2025-09-30 20:05
Core Viewpoint - RYVYL Inc. has announced a definitive agreement to merge with RTB Digital, Inc., a Web3 digital media SaaS technology company, to enhance revenue and distribution growth for premium media clients [2][3] Company Overview - RYVYL Inc. is a leading innovator in electronic payment technology, focusing on business-to-business, consumer-to-business, and peer-to-peer transactions [16] - RTB Digital, Inc. provides a comprehensive SaaS platform for media brands, journalists, and communities, integrated with a Bitcoin liquidity pool [15] Merger Details - The merger is expected to close by the end of 2025, pending stockholder approval and customary closing conditions [2][9] - The combined companies will have a pre-money enterprise value of $41.25 million, with initial ownership participation of 15.15% for RYVYL stockholders and 84.85% for RTB stockholders [11] Leadership Changes - James Heckman, founder of Roundtable, will become the CEO of the combined company, while George Oliva will serve as interim CEO and Chairman during the transition [3][11] - The company will change its name to RTB Digital, Inc., doing business as "Roundtable," and appoint six new directors [11] Financial Strategy - Roundtable has raised $33 million in new capital to support its digital platform and integrate millions of users into its media liquidity pool [8] - The merger will also involve a contribution of over $30 million in Bitcoin to RYVYL's treasury, aimed at strengthening the balance sheet for future growth [8] Market Position and Partnerships - Roundtable has established partnerships with major brands such as Yahoo, PSG Football, and over 150 sports journalists, generating significant revenue and viewership [7] - The leadership team has a history of innovation in SaaS media platforms, having worked with recognized brands like News Corp, AOL, and the NFL [7]
SEC Pushes Plan to Make Stocks Trade Like Crypto on Blockchain
Yahoo Finance· 2025-09-30 20:01
Core Viewpoint - The U.S. SEC is developing a plan to allow stocks to trade on the blockchain, treating them as digital tokens similar to cryptocurrencies, which has garnered support from crypto exchanges and fintech platforms but faces resistance from traditional financial institutions [1][4]. Group 1: SEC's Initiative - The SEC is consulting with market participants on regulatory changes to enable tokenized securities [2]. - Nasdaq has filed a rule change to allow listed equities and ETPs to trade in tokenized form, with the public-comment period ending on October 14 [3]. - SEC Commissioner Hester Peirce has expressed readiness to collaborate with firms seeking to tokenize traditional assets [4]. Group 2: Industry Response - Large financial institutions, including Citadel Securities with over $95 billion in AUM, argue that tokenization threatens their roles in trading and settlement [5]. - The World Federation of Exchanges (WFE) has called for tighter oversight on tokenized stocks, expressing concerns that these products mimic equities without providing shareholder rights or market safeguards [5][6]. Group 3: Regulatory Perspective - Hester Peirce emphasized that tokenized securities must still comply with existing securities regulations, asserting that blockchain technology does not change the nature of the underlying asset [7].
X @Solana
Solana· 2025-09-30 19:11
RT Rune (@RuneKek)Really excited for Keel!The third Genesis Star from Sky, and the first Star to be focused on a specific blockchainKeel will bring large scale capital allocation from Sky to Solana, and has an amazing team of builders ...
X @BNB Chain
BNB Chain· 2025-09-30 19:00
Volume Analysis - 24H Perps Volume on BSC is $67348150280, approximately $67348.15 million [1]
X @BNB Chain
BNB Chain· 2025-09-30 18:50
RT Bitget (@bitgetglobal)#BitgetOnchain now supports @BNBCHAIN (BSC)!📈 Trade any BSC asset with USDT directly from your spot account — no wallet transfers needed💡 AI-powered smart wallet Onchain signals🤖 Analytics from #GetAgent🔹 Exchange-level securityBuilding the future of #UEX. https://t.co/FVrP3lPIXv ...
4 Cross-Chain Bridge Tokens Ready to EXPLODE!| Crypto book
Crypto Book· 2025-09-30 17:15
I've got the inside scoop on four crosschain bridge tokens that are about to skyrocket. First up, Wormholes W token. This powerhouse is connecting blockchains like never before.Next, we've got Layer Zero's ZRO. It's revolutionizing interoperability with its ultralight nodes. Don't sleep on Axel's AXL either.This gem is building secure crosschain communication for the decentralized web. Last but not least, Synapses Sin is making waves with its lightning fast crosschain swaps. These four tokens are solving ma ...
$1.6 Billion Solana Treasury Bet: Biggest Signal Yet?
Cointelegraph· 2025-09-30 16:00
Solana's Scalability and Performance - Solana is presented as a superior blockchain for global scale capital markets due to its higher transaction processing capabilities compared to Ethereum [1][2][34][35][42] - Solana's network processed approximately 107,000 transactions per second in a test on its globally distributed mainnet [46] - Solana can process roughly 10 billion transactions per day, which is comparable to the total number of securities trades globally [41] Forward Industries' Strategy and Vision - Forward Industries aims to bring all of capital markets onto the Solana blockchain, tokenizing its own equity (ticker: FORD) and making it available on Solana mainnet [2][8][9] - Forward Industries intends to enable on-chain fundraising, shareholder governance, and dividend distribution for publicly traded companies [9] - Forward Industries plans to outperform Solana staking ETFs by negotiating deals with counterparties, participating in DeFi with LSTs, and securing dollar-denominated yields from banks [20][21][22][23] - Forward Industries sees an opportunity in acquiring other digital asset treasury companies, especially those trading at a discount to net asset value [23][24] Regulatory Landscape and Market Access - SEC Chairman Paul Atkins' speech, "Project Crypto," is interpreted as a signal that the SEC intends to move US securities markets on-chain [4][5][6] - Tokenizing Forward Industries' equity aims to provide access to investors who do not have traditional brokerage accounts, particularly those on crypto exchanges like Binance [26][27][28] Risk Management and Sustainability - Forward Industries emphasizes responsible use of leverage and a large balance sheet to withstand market downturns [31][32] - The company aims to generate excess yields in both SOL-denominated and dollar-denominated terms to support its cash flow profile, even in sustained bear markets [32] Solana vs Ethereum - Ethereum's scaling limitations are highlighted, with a processing capacity of approximately 20-25 transactions per second after 10 years [34][47][48] - Solana is positioned as the preferred platform for building internet capital markets due to its scalability and permissionless nature [40][41][42]
X @BSCN
BSCN· 2025-09-30 15:50
Overview of Kaspa - Kaspa is highlighted as a notable Proof-of-Work (PoW) Layer 1 (L1) blockchain, distinguishing itself through its speed [1] - The report introduces Kaspa as an "upstart L1", suggesting it is a relatively new and emerging player in the blockchain space [1] Key Attributes - The report promises to provide comprehensive information about Kaspa, indicating a detailed analysis of its features and functionalities [1]
X @Wendy O
Wendy O· 2025-09-30 15:49
Cardano + Midnight + Google + All the blockchains Midnight is “compatible” withHIGHERCharles Hoskinson (@IOHK_Charles):Proud to be working with Google on Midnight. They are a wonderful company and add a ton of value to our ecosystem ...
X @Chainlink
Chainlink· 2025-09-30 15:15
RT Chainlink Everything (@SmartContract)Chainlink has launched the Digital Transfer Agent (DTA) technical standard, and UBS Asset Management is the first major institution to use it.This is critical infrastructure for bringing trillions from capital markets onchain ↓ https://t.co/yvFOicz6qn ...