RYVYL Shifts Strategic Direction: Co-founder Departs as Company Embraces Crypto Treasury Model

San Diego, California – August 15, 2025 – RYVYL Inc. (NASDAQ: RVYL), a publicly traded fintech innovator, has mapped out a significant transformation of its business operations. The company’s board has accepted the resignation of Chairman and Co-founder Ben Errez, with his departure taking effect August 31, 2025. Concurrently, RYVYL is pivoting toward a new operational focus centered on crypto treasury management and digital asset accumulation.

Leadership Transition Marks Strategic Inflection Point

Ben Errez’s tenure at RYVYL spanned multiple executive roles where he contributed substantially to the company’s foundational strategy and operational scaling. “Ben has been instrumental in establishing RYVYL’s market position and guiding our platform evolution,” noted Fredi Nisan, who serves as CEO, Co-founder and Director. “His advisory engagement will continue through year-end, ensuring continuity during this transition phase.”

The leadership change comes as RYVYL executes a deliberate repositioning aimed at strengthening its balance sheet through digital assets. Rather than viewing this as a departure from the company’s core mission, the shift represents an evolution in how RYVYL deploys capital and manages reserves in an increasingly digital financial landscape.

Crypto Treasury Strategy Takes Center Stage

Since unveiling its enhanced business plan on June 16, 2025, RYVYL has committed to a digital asset acquisition framework designed to accumulate cryptocurrency holdings. The company’s thesis positions digital assets as a multi-purpose reserve category—simultaneously functioning as a long-term value store and a vehicle for enhancing operational resilience.

“This repositioning reflects a calculated, forward-looking strategy for integrating digital assets into our capital structure,” explained Nisan. “We recognize that crypto represents a credible reserve asset class capable of strengthening our financial foundation while unlocking greater strategic optionality.”

The treasury management pivot aligns with broader trends among corporations seeking to modernize their capital allocation practices through blockchain-based and decentralized finance exposure.

Platform Evolution and Track Record

RYVYL’s transformation builds on over eight years of operational experience in the fintech space. Originally established as GreenBox POS in 2017 within San Diego, the company has developed an integrated ecosystem of payment and financial technologies. The platform processes immense transaction volumes with cryptographic verification, delivering settlement speed at internet scale while maintaining enhanced security protocols and identity protection mechanisms.

The company’s technological foundation—including end-to-end payment processing, rapid settlement infrastructure, and privacy-preserving transaction architecture—positions RYVYL to extend these capabilities into the digital asset management domain.

Forward-Looking Positioning

RYVYL’s pivot toward crypto treasury management represents a calculated response to evolving market conditions and institutional interest in digital assets. By building substantial crypto reserves, the company signals confidence in digital asset utility while contemporaneously strengthening its competitive positioning and financial flexibility.

The crypto treasury approach has gained traction among forward-thinking corporations, offering a mechanism to diversify reserves, hedge currency risk, and participate in emerging asset class appreciation.

Important Forward-Looking Statement Notice

This announcement contains forward-looking statements as defined under securities law. These statements reflect current Company expectations regarding future performance, growth initiatives, and asset acquisition activities. Forward-looking language includes terms such as “may,” “will,” “expect,” “anticipate,” “believe,” “position,” and similar constructions.

Forward-looking statements inherently carry risks and uncertainties. Actual outcomes may differ materially from those projected or suggested herein. Investors should review the Company’s SEC filings for comprehensive discussion of risk factors and uncertainties affecting its business model and strategy execution.

The Company disclaims any obligation to update forward-looking statements except as legally required.

Investor Relations Contact: David Barnard Alliance Advisors 415-433-3777 ryvylinvestor@allianceadvisors.com

Company Website: www.ryvyl.com

Source: RYVYL Inc.