Bitcoin News Today: Merger Bets Big on Bitcoin: Will Regulators Keep Up?

Generated by AI AgentCoin World
Wednesday, Oct 1, 2025 12:46 am ET1min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
Aime RobotAime Summary

- RYVYL merges with RTB Digital, injecting $33M in capital including $30M in Bitcoin to create a Web3 media SaaS platform.

- Post-merger structure allocates 84.85% ownership to RTB shareholders, with James Heckman leading as CEO and blockchain experts joining the team.

- Bitcoin-powered infrastructure aims to enhance publisher control over data and IP, while regulatory scrutiny looms over corporate crypto adoption.

- RYVYL shares surged 40% post-announcement, signaling investor confidence in the new decentralized media liquidity strategy.

RYVYL Inc. (NASDAQ: RVYL) has announced a definitive agreement to merge with privately-held RTB Digital, Inc. (Roundtable), a Web3 digital media SaaS technology firm, in a transaction anticipated to close by year-end 2025, subject to stockholder approval and customary conditionsRoundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1]. The merger combines RYVYL's digital payment infrastructure with Roundtable's full-stack media platform, aiming to accelerate revenue and distribution growth for clients including Yahoo, TheStreet, and Paris Saint-Germain (PSG) European Football ClubRoundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1].

A key component of the deal is the infusion of $33 million in new capital into the combined entity, with $30 million allocated to the company's treasury in BitcoinRoundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1]. This strategic move positions the firm to leverage

as a reserve asset, enhancing its balance sheet and supporting innovation in digital media infrastructureRoundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1]. RYVYL's interim CEO, George Oliva, emphasized that the Bitcoin investment aligns with a long-term strategy to integrate digital assets and strengthen the company's financial foundationRoundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1].

The merger structure assigns 15.15% ownership to

stockholders and 84.85% to RTB Digital shareholdersRoundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1]. Post-merger, the company will operate under the name RTB Digital, Inc. (doing business as Roundtable), with James Heckman, founder of RTB Digital, assuming the role of CEO. Heckman, a serial media platform pioneer, brings a team of blockchain and technology experts, including Eyal Hertzog (Bancor founder) and Bill Sornsin (former Microsoft product leader), to drive the decentralized media liquidity poolRoundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1].

The combined entity's treasury strategy is designed to provide decentralized liquidity for clients while fostering innovation. Heckman highlighted that the $33 million capital raise will equally dilute all shareholders post-merger, with future financing expected to proportionately affect both partiesRoundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1]. The platform's Bitcoin-powered infrastructure aims to enable publishers to control their data, audiences, and intellectual property through self-pay systemsRoundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1].

Market reactions to the merger have been positive. RYVYL's stock surged approximately 40% in after-hours trading following the announcement, reflecting investor confidence in the new corporate direction and leadershipRYVYL Merges with RTB Digital, Secures $30M Bitcoin Investment[2]. Analysts note that the integration of Bitcoin into a US-listed company's balance sheet is a rare occurrence, potentially attracting regulatory scrutiny while signaling broader acceptance of crypto assets in corporate financeRYVYL Merges with RTB Digital, Secures $30M Bitcoin Investment[2].

The merger's strategic vision is supported by a leadership team with extensive experience in media and blockchain innovation. Heckman's prior ventures, including Maven (sold to Yahoo) and Scout.com (sold to Fox), underscore his track record in scaling SaaS platforms for global media brandsRoundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1]. Roundtable's existing ecosystem includes partnerships with Yahoo, Miss World, and over 150 sports journalists, generating millions in revenueRoundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1].

Financial advisors Maxim Group LLC and legal counsel Ellenoff Grossman & Schole LLP and Zuber Lawler LLP are supporting the transactionRoundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1]. The merger remains subject to RYVYL stockholder approval, with a proxy statement expected in October and a shareholder meeting scheduled for Q4 2025Roundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem[1].

Comments



Add a public comment...
No comments

No comments yet