RYVYL and RTB Digital sign a merger agreement, with the latter planning to inject over $30 million worth of bitcoin
ChainCatcher reported that Nasdaq-listed company RYVYL has announced the signing of a merger agreement with Web3 digital media SaaS technology company RTB Digital (Roundtable). The latter will inject over $30 million worth of bitcoin into the merged company to strengthen its balance sheet. It is reported that the new company will have a shareholding ratio of 15.15% for RYVYL and 84.85% for RTB Digital shareholders. The new company will operate under the name "RTB Digital, Inc (Roundtable)".
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