UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For
the month of March 2026
Commission
File Number: 001-41950
Ryde
Group Ltd
Duo
Tower, 3 Fraser Street, #08-21
Singapore
189352
+65-9665-3216
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form
20-F ☒ Form 40-F ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
On
March 18, 2026, the Company announced the adoption of a Digital Asset Treasury (“DAT”) Strategy.
The
DAT Strategy is intended to support the Company’s long-term capital resilience and strategic innovation objectives. In light of
evolving global macroeconomic conditions, the Company intends to evaluate the potential inclusion of digital assets as part of its treasury
reserve assets.
The
Company expects that any implementation of the DAT Strategy will be subject to ongoing internal review, market conditions, regulatory
considerations and board oversight. The Company has not committed to any specific allocation amount or timeline for acquiring digital
assets.
The
Company may provide further updates regarding the DAT Strategy if there are any material developments.
A
press release dated March 18, 2026 announcing the corporate updates is included as Exhibit 99.1 to this Report.
EXHIBIT
INDEX
| Exhibit
No. |
|
Description |
| 99.1 |
|
Press release |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
| |
Ryde
Group Ltd |
| |
|
|
| Date: March 18, 2026 |
By: |
/s/ Zou Junming
Terence |
| |
Name: |
Zou Junming Terence |
| |
Title: |
Chairman of the Board
of Directors and Chief Executive Officer |
Exhibit
99.1
Ryde
Group Ltd Executes Strategic Shift to Digital Asset Treasury to Maximize Capital Efficiency and Resilience
SINGAPORE
– March 18, 2026 – Ryde Group Ltd (NYSE American: RYDE) (“Ryde” or the “Company”), a leading data-driven
technology company and Singapore’s first homegrown carpooling app, today announced its adoption of a Digital Asset Treasury
(DAT) Strategy. This framework reflects the Company’s intention to evaluate digital assets as part of its broader treasury
management approach and long-term balance sheet planning.
In
response to the evolving macroeconomic environment, Ryde is reviewing ways to diversify and modernize its
corporate treasury while supporting long-term balance sheet resilience. Under the DAT framework, the Company may allocate
a portion of its corporate reserves into digital assets, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), with allocation
size and timing subject to market conditions and the Company’s internal governance procedures and approval processes.
This
initiative intended to provide Ryde with additional flexibility in how it manages its treasury reserves, while maintaining
a focus on prudent capital management and risk oversight.
“The
adoption of our Digital Asset Treasury Strategy reflects Ryde’s ongoing efforts to value new approaches to treasury management
in a changing economic and technology environment,” said Terence Zou, Founder, Chairman and CEO of Ryde. “We
believe it is important to assess how digital assets may complement our existing treasury approach, while ensuring appropriate
governance, oversight, and risk management.”
Governance
Architecture
Ryde
has established a governance framework for digital asset treasury activities. This framework is designed
to help ensure that any capital allocation, execution, and risk management activities are subject to appropriate review
and control processes. The governance structure includes two specialized oversight bodies:
| ● | Digital
Asset Investment Committee (DAIC): Responsible for reviewing strategic asset allocation,
portfolio construction, and capital deployment proposals. |
| ● | Digital
Asset Compliance and Risk Committee (DACRC): Responsible for overseeing operational
controls, regulatory compliance, counterparty review, and ongoing portfolio risk monitoring. |
This
structure is intended to separate investment decision-making
risk and compliance oversight and support accountability in treasury operations.
Custody
Arrangement
If
Ryde proceeds with digital assets allocations
under the DAT framework, the Company intends to engage qualified digital asset custodians. Any such assets are expected
to be held in segregated, custody accounts maintained by custodians, subject to applicable security and control standards.
Over
time, the Company believes the DAT Strategy may provide additional flexibility in treasury operations. Any implementation will be carried
out cautiously and in line with the Company’s governance framework, risk considerations, and business priorities.
The
Company’s adoption of the DAT Strategy is intended to complement Ryde’s core operating focus in mobility and logistics.
About
Ryde Group Ltd
Ryde
is a super mobility app founded in Singapore and recognised as the world’s FIRST on-demand carpooling app since 2014. As a publicly
listed company on the NYSE American, Ryde is reimagining the way people and goods move around by offering a full suite of services, including
carpooling, private hire, taxi, and delivery. What distinguishes Ryde is its commitment to empowering private-hire and taxi partners
by taking 0% commission, ensuring that drivers retain more of their hard-earned earnings. For more information, please visit https://rydesharing.com/.
Safe
Harbor Statement
This
press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking
statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which
we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance,
including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities.
You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such
as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,”
“believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes”
or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including:
our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive
environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.
Forward-looking
statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time
by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties,
and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties
and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our
representatives might not occur.
Contacts
For
Media Relations:
Media
Team
Ryde
Group Ltd
Email:
media@rydesharing.com
For
Investor Relations:
Investor
Relations Team
Ryde
Group Ltd
Email:
investor@rydesharing.com
