San Diego, CA, Nov. 06, 2025 — Roundtable and RYVYL Inc. (NASDAQ: RVYL) right this moment introduced that legendary Web3 investor Aly Madhavji has agreed to affix the soon-to-be-merged firm as Chief Monetary Officer (CFO), bridging his distinctive background of conventional finance credentials with deep relationships and expertise managing over 200 blockchain infrastructure expertise investments.
As CFO, Madhavji will assist information Roundtable’s continued rise by the merger course of and NASDAQ itemizing, whereas connecting the dynamic blockchain funding group with Roundtable. Present RYVYL CFO George Oliva upon completion of the merger will transition to the function of Chief Accounting Officer for the merged entity.
Madhavji’s monetary credentials are as impeccable as his in-depth data of the Web3 sector, bringing relationships with over 500 blockchain co-investors from each continent, together with his residence base in Singapore.
Roundtable CEO James Heckman praised Madhavji’s management and experience, stating, “In over 30 years of financing and working expertise firms, I’ve not met somebody with extra depth and thoroughness as a board member and investor, which is constant together with his technical and monetary acumen. His contribution has been so spectacular, we invited him to affix this once-in-a-lifetime alternative to remodel a complete trade. Aly has the distinctive capacity to translate the imaginative and prescient of our revolutionary platform to each conventional and blockchain-focused funding communities.”
Madhavji is a licensed Chartered Accountant (CA, CPA, CMA, CIM) with a Grasp’s in International Affairs from Tsinghua College (清华大学), an MBA from INSEAD (Singapore/France) the place he was a Blockchain Fellow, and a BA in Commerce with Distinction from the College of Toronto, the place he serves on the Governing Council. A world award-winning creator and featured speaker at main Web3 conferences, Aly can be a contributing analyst for main crypto publications and the acclaimed lead on Amazon Prime Video’s collection Crypto Knights. His Roundtable board seat will mark his second NASDAQ service, following his place with Soluna Holdings.
Madhavji commented, “I’m becoming a member of Roundtable as CFO as a result of Roundtable has turned the media trade’s long-aspired Web3 imaginative and prescient into sensible actuality. The RYVYL merger brings bank-grade funds and public-market self-discipline; our platform offers publishers what they’ve wished for years: real-time income, clear reporting, and management of their knowledge, audiences, and IP, solely doable with Web3. After diligencing and investing in a whole bunch of blockchain infrastructure groups, that is the one which stands aside; and why Blockchain Founders Fund made Roundtable our largest funding, and so I’m stepping in to steer our NASDAQ journey and align Roundtable with each conventional and Crypto targeted traders.”
Madhavji joins a veteran govt crew led by digital media entrepreneur James Heckman and blockchain pioneer Eyal Hertzog. Hertzog, co-founder and architect of Roundtable’s “DeWeb” platform, is widely known because the technical inventor of decentralized finance (DeFi), together with automated market-making and the liquidity pool mechanisms that underpin the transformative trade – and introduced it to market, because the lead architect and founding father of Bancor. He additionally co-founded the primary social video platform, MetaCafe, whose advice algorithm helped form the inspiration of social media.
Heckman, a serial founder and former senior govt at Yahoo, Google, and Information Corp, has constructed and scaled greater than a dozen expertise platforms, together with Area Group, which powered digital media for over 300 world manufacturers. He’s joined by long-time expertise collaborator and co-founder Invoice Sornsin as COO, a former senior product chief at Microsoft and co-architect of a number of global-scale platforms with Heckman.
Collectively, this management crew developed Roundtable, the primary large-scale, Enterprise-level, Web3-powered media platform integrating decentralized funds, clear real-time reporting, and on-chain viewers and knowledge management, creating next-generation infrastructure for skilled publishers and media networks worldwide. Heckman’s prior firm, Area, turned a nine-figure public enterprise powering publishing and monetization for world media manufacturers together with Sports activities Illustrated, Maxim, Historical past.com, and TheStreet. His previous roles embrace Head of International Media Technique at Yahoo!, Chief Technique Officer at Fox Interactive, and architect of the $1 billion advert alliance between MySpace, Google, led the crew that architected Hulu’s authentic enterprise mannequin and created the primary “Premium Market,” partnered with AOL, Yahoo!, MSN and the highest dozen main media companies..
Altogether Heckman has created and brought public and/or bought to main digital media, ten large-scale ventures, together with Rivals.com (acquired by Yahoo!), Scout.com (acquired by Fox), 5to1.com (public, acquired by Yahoo!), NFL Unique, and Area. Remarkably, each enterprise he based succeeded in sustainability and main trade scale.
Visionary Companions and Board Members
Roundtable co-founders and strategic companions embrace incoming Chair Walton Comer, XBTO co-founder, Lucid Holdings co-founder, which bought to CINT for practically $1 billion, and founding investor of Deribit, not too long ago bought to Coinbase for over $3 billion; Aly Madhavji, Managing Associate of Blockchain Founders Fund; David Bailey, CEO of Nakamoto, Bitcoin Convention and Bitcoin Journal; Mike Alexander, former CEO of Jefferies Asia and CEO of Bullish’s EOS Enterprise Capital Fund; W. Graeme Roustan, Roundtable co-founder, former Chairman of Bauer Hockey, True Sports activities CEO, and CEO of The Hockey Information, the primary main community to publish on-chain with Roundtable; and Brock Pierce, Tether co-founder and early Bitcoin visionary.
Merger Particulars
A definitive settlement has been signed between RYVYL (NASDAQ: RVYL) and Roundtable. Closing stays topic to shareholder approval and commonplace regulatory evaluate. Upon closing of the merger:
- James Heckman will grow to be CEO
- Walton Comer will grow to be Chairman, main a seven-membered board
- Aly Madhavji will stay CFO (from Roundtable), within the merged firms
- George Oliva will stay as EVP/Finance and Chief Accounting Officer, reporting to Heckman
- The corporate will change its identify to RTB Digital, Inc., doing enterprise as “Roundtable”
- Six administrators shall be appointed by RTB, and RYVYL unbiased director Brett Moyer retained; all different incumbent administrators of RYVYL will step down.
About Roundtable (RTB Digital, Inc.)
Roundtable is a Web3, digital media SaaS platform firm, offering white-label, full stack distribution, group, publishing and monetization for skilled media manufacturers and journalists – fortified and powered by a digital liquidity pool built-in into the platform. Go to RTB.io.
About RYVYL
RYVYL Inc. (NASDAQ: RVYL) operates a digital fee processing enterprise enabling transactions across the globe, together with fee options for underserved markets. RYVYL has developed functions enabling an end-to-end suite of turnkey monetary merchandise with enhanced safety and knowledge privateness, world-class identification theft safety, and speedy velocity to settlement. www.ryvyl.com
Cautionary Observe Relating to Ahead-Trying Statements
This press launch contains info that constitutes forward-looking statements inside the that means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended. These forward-looking statements are primarily based on the Firm’s present beliefs, assumptions and expectations concerning future occasions, which in flip are primarily based on info presently obtainable to the Firm. Such forward-looking statements embrace statements which might be characterised by future or conditional phrases corresponding to “could,” “will,” “anticipate,” “intend,” “anticipate,” “imagine,” “estimate” and “proceed” or comparable phrases. You must learn statements that comprise these phrases fastidiously as a result of they focus on future expectations and plans, which comprise projections of future outcomes of operations or monetary situation or state different forward-looking info.
By their nature, forward-looking statements deal with issues which might be topic to dangers and uncertainties. A wide range of elements may trigger precise occasions and outcomes to vary materially from these expressed in or contemplated by the forward-looking statements. Threat elements affecting the Firm are mentioned intimately within the Firm’s filings with the SEC. The Firm undertakes no obligation to publicly replace or revise any forward-looking assertion, whether or not because of new info, future occasions or in any other case, besides to the extent required by relevant legal guidelines. These forward-looking statements embrace, however usually are not restricted to, statements concerning the proposed merger between the Firm and the goal (the “Events”), the anticipated closing of the proposed merger and the timing thereof and as adjusted descriptions of the post-transaction firm and its operations, methods and plans, together with the administration crew and board of administrators of the Firm following the consummation of the merger (the “Mixed Firm”). There are a selection of dangers and uncertainties that would trigger precise outcomes to vary materially from the forward-looking statements included on this press launch. These embrace: the danger that the Events’ companies is not going to be built-in efficiently and the danger that price financial savings, synergies and development from the proposed merger is probably not totally realized or could take longer to appreciate than anticipated; the chance that stockholders of the Firm could not approve the issuance of latest shares of Firm frequent inventory within the merger or that stockholders of the Firm could not approve the merger; the danger {that a} situation to the closing of the merger is probably not glad, that both occasion could terminate the definitive settlement or that the closing of the merger is perhaps delayed or could not happen in any respect; potential opposed reactions or adjustments to enterprise or worker relationships, together with these ensuing from the announcement or completion of the merger; the danger that the events don’t obtain regulatory or different approvals of the merger; the incidence of another occasion, change, or different circumstances that would give rise to the termination of the merger settlement or adjustments to the transactions; the danger that adjustments within the Firm’s capital construction and governance may have opposed results available on the market worth of its securities; the flexibility of the Events to retain prospects and retain and rent key personnel and preserve relationships with their suppliers and prospects and on the Events’ working outcomes and enterprise usually; the danger the merger may distract the respective managements of the Events from ongoing enterprise operations or trigger the Events to incur substantial prices; impacts on the Events’ plans for worth creation and strategic benefits, market dimension and development alternatives, regulatory situations, aggressive place and the curiosity of different companies in comparable enterprise methods, technological and market tendencies, future monetary situation and efficiency and anticipated monetary impacts of the merger; the danger that the Events could also be unable to scale back bills or entry financing or liquidity; the influence of any financial downturn; the danger of adjustments in governmental laws or enforcement practices; and different vital elements that would trigger precise outcomes to vary materially from these projected and people danger elements mentioned in paperwork of the Firm filed, or to be filed, with the SEC which might be or shall be obtainable on the Firm’s web site at www.ryvyl.com and on the web site of the SEC at www.sec.gov.
RYVYL IR Contact:
Richard Land, Alliance Advisors Investor Relations
973-873-7686 [email protected]
Roundtable PR Contact:
Mehab Qureshi, RTB Digital Inc.
+91 90289 77198, [email protected]