Ryvyl Stock Price, News & Analysis

Ryvyl Inc. (NASDAQ: RVYL) is a Nevada corporation that operates a digital payment processing business enabling transactions around the globe. According to the company’s public disclosures, Ryvyl provides payment solutions for underserved markets and has developed applications that support an end-to-end suite of turnkey financial products. These applications are described as offering enhanced security and data privacy, identity theft protection, and rapid speed to settlement for business-to-business, consumer-to-business, and peer-to-peer payment transactions.

Ryvyl traces its origins to its founding as GreenBox POS in 2017 in San Diego, California. The company describes itself as having been born from a passion for empowering new ways to conduct electronic payment transactions across diverse international markets. Its platform is designed to log large volumes of immutable transactional records at internet speed for partners, merchants, and consumers around the globe, reflecting a focus on technology-driven financial infrastructure.

Ryvyl’s common stock trades on the Nasdaq Capital Market under the symbol RVYL, with a stated par value of $0.001 per share. The company has highlighted that it operates in international markets and focuses on providing payment capabilities to customer segments that may be underserved by traditional financial systems. Public descriptions emphasize the combination of electronic payment technology with a suite of financial products intended to support secure, fast, and traceable transaction processing.

Business focus and technology

In its public communications, Ryvyl characterizes itself as a payment transaction solutions provider that seeks to reinvent aspects of financial transactions through electronic payment technology. The company’s platform is described as enabling a broad set of financial products, with features that include enhanced security, data privacy, and identity theft protection. The ability to log high volumes of immutable transactional records is a key part of how the company presents its technology, supporting transparency and traceability for its partners and customers.

Ryvyl’s disclosures also indicate that it has focused on digital asset infrastructure and blockchain adoption as part of its evolution. In connection with its planned merger with RTB Digital, Inc. (Roundtable), Ryvyl has described a shift in emphasis toward supporting a Web3-powered digital media platform and a crypto treasury business model, while noting that its legacy payment operations remain active. This reflects a strategy that connects its payment infrastructure with blockchain-based media and liquidity pool concepts.

Strategic transactions and planned merger with Roundtable

Ryvyl has entered into an Agreement and Plan of Merger with RTB Digital, Inc. (“Roundtable”), a Web3 digital media SaaS technology company. Under this definitive agreement, Roundtable’s brand and SaaS media platform are expected to combine with Ryvyl’s digital payment infrastructure. Public statements describe the proposed merger as designed to synchronize a SaaS-powered treasury strategy and support a digital asset-focused business model.

The company has disclosed that, upon closing of the merger (subject to stockholder approval and customary conditions), the combined entity is expected to change its name to RTB Digital, Inc., doing business as “Roundtable.” Leadership changes described in press releases include Roundtable founder James Heckman becoming CEO of the combined company and other Roundtable-affiliated executives taking key roles, while Ryvyl’s interim CEO and finance leader is expected to move into senior finance and accounting roles after closing. These statements are presented as forward-looking and contingent on completion of the merger.

Capital structure, Nasdaq listing and reverse stock split

Ryvyl’s SEC filings and press releases describe actions taken to maintain its Nasdaq Capital Market listing. The company has received Nasdaq notices regarding non-compliance with minimum stockholders’ equity and minimum bid price requirements and has outlined steps to address these issues. These steps include a capital investment from Roundtable through the purchase of Series C convertible preferred stock, stockholder approval of an increase in authorized common shares, and authorization of a reverse stock split.

At the 2025 annual meeting of stockholders, Ryvyl’s stockholders approved an amendment to its articles of incorporation to effect a reverse stock split of its common stock at a ratio between one-for-twenty and one-for-fifty, at the board’s discretion, and an increase in authorized common shares from 100,000,000 to 500,000,000. The company subsequently announced a 1-for-35 reverse stock split, with the common stock expected to begin trading on a split-adjusted basis on Nasdaq under the existing symbol RVYL. The company has stated that it believes these actions are intended to address Nasdaq’s minimum bid price requirement and support continued listing.

Litigation and settlements

Ryvyl has reported litigation-related developments in its SEC filings and press releases. The company disclosed a putative class action lawsuit (Case No. 3:23-cv-00185-GPC-SBC) and a related stipulation and agreement of settlement. Pursuant to a court-approved settlement, Ryvyl became obligated to issue settlement shares of its common stock, with the number of shares adjusted in light of the reverse stock split and a minimum settlement value. The company also granted a put option allowing the settlement class, through counsel, to sell the settlement shares back to the company under specified conditions.

Separately, Ryvyl has reported a consolidated shareholder derivative action (“In re RYVYL Inc. Derivative Litigation, Lead Case No. 3:23-cv-01165-GPC-SBC”) and related litigation in Nevada. The United States District Court for the Southern District of California issued an order granting preliminary or provisional approval of a proposed derivative settlement and directing that notice be provided to stockholders. The company has filed the stipulation and agreement of settlement and related notices as exhibits to Form 8-K and made them available through its investor materials.

Governance and corporate actions

Ryvyl’s proxy statement and Form 8-K filings provide detail on its board of directors, annual meeting proposals, and governance structure. The company’s board has been adjusted in connection with executive transitions and the planned merger, including the appointment of its Chief Financial Officer as interim Chief Executive Officer and as a director, as well as the addition of directors with extensive financial and operational experience. Stockholders have voted on director elections, auditor ratification, reverse stock split authorization, and increases in authorized share capital.

The company has also entered into a Securities Purchase Agreement with RTB Digital, Inc. for the sale of Series C convertible preferred stock in a private placement, with associated terms regarding conversion into common stock and potential issuance of warrants in the event of specified material breach events. These transactions are described in detail in Ryvyl’s Form 8-K filings, including the structure of the preferred stock, stated value, and conditions for conversion and registration rights.

Company status and sector classification

Ryvyl’s SEC filings identify it as a Nevada corporation with common stock listed on the Nasdaq Capital Market under the symbol RVYL. The filings do not indicate that the company has been delisted, deregistered, or completed its merger as of the latest documents provided; instead, they describe an anticipated merger and ongoing efforts to maintain listing compliance. While some third-party industry classifications may label Ryvyl under manufacturing categories, the company’s own disclosures consistently describe its core business as digital payment processing, electronic payment technology, and related financial products, with an evolving focus on digital asset infrastructure and a crypto treasury business model.

Key points for investors and observers

• Ryvyl operates a digital payment processing business and offers payment solutions for underserved markets, with a platform designed for secure, rapid, and traceable electronic transactions.
• The company’s common stock is listed on the Nasdaq Capital Market under the symbol RVYL, and it has taken steps such as a 1-for-35 reverse stock split and capital transactions to address Nasdaq listing requirements.
• Ryvyl has signed a definitive merger agreement with RTB Digital, Inc. (Roundtable), a Web3 digital media SaaS platform company, with plans for the combined company to operate under the name RTB Digital, Inc., doing business as “Roundtable,” subject to closing conditions and stockholder approval.
• The company has disclosed class action and derivative litigation and related settlements, including the issuance of settlement shares and court-approved settlement agreements.
• Corporate governance actions include changes in executive leadership, board composition, and stockholder approvals for reverse stock split authority and increased authorized share capital.

FAQs about Ryvyl Inc. (RVYL)

• What does Ryvyl Inc. do?
  Ryvyl Inc. operates a digital payment processing business that enables business-to-business, consumer-to-business, and peer-to-peer transactions around the globe. The company describes its offerings as payment solutions for underserved markets, built on electronic payment technology and an end-to-end suite of turnkey financial products with enhanced security, data privacy, and rapid settlement.
• On which exchange is RVYL stock listed?
  According to Ryvyl’s SEC filings, its common stock, par value $0.001 per share, is listed on the Nasdaq Capital Market under the trading symbol RVYL.
• What is the relationship between Ryvyl and Roundtable (RTB Digital, Inc.)?
  Ryvyl has signed a definitive Agreement and Plan of Merger with RTB Digital, Inc. (Roundtable), a Web3 digital media SaaS technology company. Public disclosures state that, upon closing of the merger and subject to stockholder and regulatory approvals, the combined company is expected to change its name to RTB Digital, Inc., doing business as “Roundtable.” The merger is intended to combine Roundtable’s media platform with Ryvyl’s digital payment infrastructure.
• Has the merger with Roundtable been completed?
  The materials provided describe the merger as a proposed or anticipated transaction, subject to stockholder approval and customary closing conditions. They reference an expected closing timeframe and outline post-merger leadership plans, but they do not state that the merger has been completed. Investors should review Ryvyl’s most recent SEC filings and press releases for any updates on closing status.
• Why did Ryvyl implement a reverse stock split?
  Ryvyl’s board approved, and stockholders authorized, a reverse stock split of the company’s common stock at a ratio between one-for-twenty and one-for-fifty. The company later announced a 1-for-35 reverse stock split. Public statements explain that the reverse split is intended to increase the market price per share of the common stock to help the company maintain compliance with Nasdaq’s $1.00 minimum bid price requirement and support continued listing.
• What litigation and settlements has Ryvyl disclosed?
  Ryvyl has reported a putative class action lawsuit (Case No. 3:23-cv-00185-GPC-SBC) and a consolidated shareholder derivative action (“In re RYVYL Inc. Derivative Litigation, Lead Case No. 3:23-cv-01165-GPC-SBC”), along with related litigation in Nevada. The company entered into a stipulation and agreement of settlement in the class action, which includes the issuance of settlement shares and a put option, and obtained preliminary or provisional court approval of a derivative settlement, with notices filed as exhibits to Form 8-K.
• How is Ryvyl addressing Nasdaq listing requirements?
  Ryvyl has disclosed receiving Nasdaq notices regarding non-compliance with minimum stockholders’ equity and minimum bid price rules. In response, the company has obtained capital investment from RTB Digital, Inc. through the sale of Series C convertible preferred stock, sought and received stockholder approval for a reverse stock split and an increase in authorized common shares, and filed an appeal to a Nasdaq Hearings Panel. The company has stated that it believes these steps are intended to restore and maintain compliance, though it also notes that there are no assurances regarding future compliance.
• What is the Series C convertible preferred stock issued to RTB Digital, Inc.?
  Under a Securities Purchase Agreement dated October 6, 2025, Ryvyl sold 50,000 shares of Series C convertible preferred stock to RTB Digital, Inc. in a private placement. The preferred stock has a stated value and is convertible into shares of common stock under specified terms, subject to stockholder approval and other conditions. An amendment increased the aggregate purchase price and stated value. The transaction is described as supporting Ryvyl’s capital position ahead of the proposed merger.
• Does Ryvyl still operate its legacy payment business?
  In public statements related to the Roundtable merger, Ryvyl has indicated that while its operations are realigning toward digital asset infrastructure and blockchain adoption, its legacy operations remain active. The company continues to describe itself as operating a digital payment processing business with applications that support an end-to-end suite of financial products.
• Where is Ryvyl headquartered?
  Ryvyl’s SEC filings list its principal executive offices in San Diego, California. The filings provide a specific office location in San Diego, but investors should refer to the latest filings for any updates to the company’s principal office information.