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Roundtable CEO James Heckman Announces New CFO, Aly Madhavji, Visionary Investor and Blockchain Founders Fund Managing Partner, To Lead RYVYL Merger, NASDAQ Listing

  • Roundtable Inc. & RYVYL Inc. (NASDAQ: RVYL) announced a definitive merger agreement subject to shareholder approval & regulatory review.
  • Aly Madhavji will join the merged entity as Chief Financial Officer (CFO), bringing experience managing over 200 blockchain infrastructure investments.
  • Current RYVYL CFO George Oliva will transition to Chief Accounting Officer upon completion of the merger.
  • James Heckman will serve as CEO of the combined company, while Walton Comer will become Chairman of the seven-member board.
  • The merged entity will operate under the name RTB Digital, Inc., doing business as "Roundtable".
  • Six new directors will be appointed by RTB, while incumbent RYVYL director Brett Moyer remains; all other incumbent RYVYL directors will step down.
  • Roundtable is a Web3 SaaS platform integrating decentralized payments, real-time reporting, & on-chain data control for media publishers.
  • RYVYL operates a global digital payment processing business focused on security, identity protection, & rapid settlement.
  • The executive team includes COO Bill Sornsin & blockchain pioneer Eyal Hertzog, co-architect of the DeWeb platform.
  • Board members include Tether co-founder Brock Pierce, former Jefferies CEO Mike Alexander, & Bitcoin Conference CEO David Bailey.
  • Madhavji holds multiple finance credentials including CA, CPA, CMA, CIM, & an MBA from INSEAD where he was a Blockchain Fellow.
  • Heckman has previously founded or scaled over a dozen technology ventures, including Arena Group, which powered digital media for 300+ global brands.
  • The merger aims to combine RYVYL's bank-grade payment capabilities with Roundtable's Web3 infrastructure for the media industry.