Roundtable to Merge With Ryvyl in $75M Deal

Dow Jones

Oct 01, 2025

By Katherine Hamilton

Ryvyl has agreed to merge with the private company RTB Digital in a $75 million deal.

RTB, which does business as Roundtable and provides software as a service, and Ryvyl, a blockchain-secured payment platform, have agreed to a $41.25 million enterprise value for the combined company, Ryvyl said Tuesday. Roundtable has also pledged to contribute about $30 million in bitcoin to Ryvyl's treasury after the merger.

Roundtable shareholders will get 84.9% of shares and Ryvyl stockholders will get 15.2%. The combined company will change its name to RTB Digital, doing business as Roundtable.

James Heckman, Roundtable's founder, will serve as chief executive of the combined company. Ryvyl's board has named Chief Financial Officer George Oliva as interim CEO and chairman during the transition period. Oliva will then be retained as chief accounting officer. Ryvyl's current chief executive plans to retire.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

September 30, 2025 16:44 ET (20:44 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2572741253"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2572741253\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2572741253?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-01 04:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2572741253","market":"us","top_or_hot":-1,"title":"Roundtable to Merge With Ryvyl in $75M Deal","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Katherine Hamilton \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Ryvyl has agreed to merge with the private company RTB Digital in a $75 million deal. \n</p>\n<p>\n  RTB, which does business as Roundtable and provides software as a service, and Ryvyl, a blockchain-secured payment platform, have agreed to a $41.25 million enterprise value for the combined company, Ryvyl said Tuesday. Roundtable has also pledged to contribute about $30 million in bitcoin to Ryvyl's treasury after the merger. \n</p>\n<p>\n  Roundtable shareholders will get 84.9% of shares and Ryvyl stockholders will get 15.2%. The combined company will change its name to RTB Digital, doing business as Roundtable. \n</p>\n<p>\n  James Heckman, Roundtable's founder, will serve as chief executive of the combined company. Ryvyl's board has named Chief Financial Officer George Oliva as interim CEO and chairman during the transition period. Oliva will then be retained as chief accounting officer. Ryvyl's current chief executive plans to retire. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 30, 2025 16:44 ET (20:44 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roundtable to Merge With Ryvyl in $75M Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoundtable to Merge With Ryvyl in $75M Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-01 04:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Katherine Hamilton \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Ryvyl has agreed to merge with the private company RTB Digital in a $75 million deal. \n</p>\n<p>\n  RTB, which does business as Roundtable and provides software as a service, and Ryvyl, a blockchain-secured payment platform, have agreed to a $41.25 million enterprise value for the combined company, Ryvyl said Tuesday. Roundtable has also pledged to contribute about $30 million in bitcoin to Ryvyl's treasury after the merger. \n</p>\n<p>\n  Roundtable shareholders will get 84.9% of shares and Ryvyl stockholders will get 15.2%. The combined company will change its name to RTB Digital, doing business as Roundtable. \n</p>\n<p>\n  James Heckman, Roundtable's founder, will serve as chief executive of the combined company. Ryvyl's board has named Chief Financial Officer George Oliva as interim CEO and chairman during the transition period. Oliva will then be retained as chief accounting officer. Ryvyl's current chief executive plans to retire. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 30, 2025 16:44 ET (20:44 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4106","symbol_name":"数据处理与外包服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2572741253","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2572741253","pubTimestamp":1759265040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Ryvyl has agreed to merge with the private company RTB Digital in a $75 million deal.RTB, which does business as Roundtable and provides software as a service, and Ryvyl, a blockchain-secured payment platform, have agreed to a $41.25 million enterprise value for the combined company, Ryvyl said Tuesday. Roundtable has also pledged to contribute about $30 million in bitcoin to Ryvyl's treasury after the merger.Roundtable shareholders will get 84.9% of shares and Ryvyl stockholders will get 15.2%. The combined company will change its name to RTB Digital, doing business as Roundtable.James Heckman, Roundtable's founder, will serve as chief executive of the combined company. Ryvyl's board has named Chief Financial Officer George Oliva as interim CEO and chairman during the transition period. Oliva will then be retained as chief accounting officer. Ryvyl's current chief executive plans to retire.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4106":"数据处理与外包服务","BK4227":"交易和支付处理服务","RVYL":"Ryvyl Inc."},"translate_title":"Roundtable将以7500万美元的价格与Ryvyl合并","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RVYL":0.9},"content_text":"By Katherine Hamilton \n\n\n \n\n\n  Ryvyl has agreed to merge with the private company RTB Digital in a $75 million deal. \n\n\n  RTB, which does business as Roundtable and provides software as a service, and Ryvyl, a blockchain-secured payment platform, have agreed to a $41.25 million enterprise value for the combined company, Ryvyl said Tuesday. Roundtable has also pledged to contribute about $30 million in bitcoin to Ryvyl's treasury after the merger. \n\n\n  Roundtable shareholders will get 84.9% of shares and Ryvyl stockholders will get 15.2%. The combined company will change its name to RTB Digital, doing business as Roundtable. \n\n\n  James Heckman, Roundtable's founder, will serve as chief executive of the combined company. Ryvyl's board has named Chief Financial Officer George Oliva as interim CEO and chairman during the transition period. Oliva will then be retained as chief accounting officer. Ryvyl's current chief executive plans to retire. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 30, 2025 16:44 ET (20:44 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}