RYVYL Inc. (RVYL) saw its stock rise by 12% to $0.3830 after Nasdaq confirmed the company met shareholder equity requirements, averting delisting risks. This development comes ahead of RYVYL's $75 million merger with Web3 SaaS platform Roundtable, announced on October 15. The merger will integrate Roundtable’s Bitcoin liquidity media platform with RYVYL’s payment infrastructure, which serves clients like Yahoo and Paris Saint-Germain. The merger is anticipated to close by the end of the year, with Roundtable CEO James Heckman highlighting their focus on supporting decentralized payment systems through Bitcoin liquidity pools.
RYVYL Stock Jumps 12% Following Nasdaq Approval of $75M Merger with Roundtable
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