RYVYL (NASDAQ: RVYL), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, has engaged Simon & Edward LLP as the accounting firm and auditor for coyni Inc. The partnership was effective July 12, 2023. Simon & Edward is replacing MaloneBailey. “Simon and Edward was the natural selection for auditor of coyni Inc. given their familiarity with RYVYL technology, accounting processes and personnel from assisting us with the process of regaining compliance earlier this year,” said RYVYL chair Ben Errez in the press release. “Furthermore, having them as auditor for both companies has the added advantage of streamlining operations for both RYVYL and coyni, as we move forward towards completion of the spin-off and look to begin a capital raise for the eventual NASDAQ uplist.”
To view the full press release, visit https://ibn.fm/HW0FT
About RYVYL
RYVYL was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business and peer-to-peer payment transactions around the globe. By leveraging unique blockchain security and USD-pegged stablecoin technology with near real-time attestation, RYVYL is reinventing the future of financial transactions using its coyni(R) stablecoin platform as a transactional foundation. Since its founding as GreenBox POS in 2017, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity-theft protection and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants and consumers around the globe. For more information about the company, please visit www.RYVYL.com.
NOTE TO INVESTORS: The latest news and updates relating to RVYL are available in the company’s newsroom at https://ibn.fm/RVYL
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