RYVYL (NASDAQ: RVYL) and R3, a leading provider of enterprise distributed ledger technology (“DLT”) software and services for the financial sector, today announced their collaboration to offer businesses a groundbreaking blockchain-as-a-service (“BaaS”) solution that enables streamlined and secure digital transformation. The collaboration marks the arrival of a leading-edge BaaS platform, “RYVYL Block,” designed to be an innovative and cost-effective solution, simplifying the adoption of blockchain technology for businesses in banking, payments and high-volume processing environments. “We’re excited about the prospects our partnership unlocks for businesses seeking agile and secure blockchain solutions,” said Fredi Nisan, co-founder and CEO of RYVYL. “By merging RYVYL’s expertise with R3’s leading distributed ledger technology, we’re setting a new standard for accessible, secure and transformative blockchain services.”
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About RYVYL Inc.
RYVYL is revolutionizing global payments: Its leading-edge blockchain ledger-based platform offers a seamless and secure payment experience tailored for the diverse and ever-evolving global market. By harnessing the power of blockchain technology, RYVYL ensures unparalleled security, transparency and immutability in all transactions. Its commitment to simplicity guarantees a user-friendly interface accessible to everyone, while robust compliance measures instill trust and confidence across borders and regulatory landscapes. For more information, visit www.RYVYL.com
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