RYVYL Announces Retirement of Chairman and Co-founder Ben Errez; Repositions Business to Focus on Crypto Treasury Management - Candlesense

RYVYL Announces Retirement of Chairman and Co-founder Ben Errez; Repositions Business to Focus on Crypto Treasury Management

SAN DIEGO, CA, Aug. 15, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company") today announced the retirement of Chairman and Co-founder Ben Errez, effective August 31, 2025. RYVYL is repositioning its business to focus on crypto treasury management, beginning with a core strategy centered on building a crypto treasury to support long-term growth.

Related Questions

How will the shift to crypto treasury management impact RYVYL’s revenue streams and profitability in the short and medium term? Will there be any changes to the company’s balance sheet, debt levels, or cash reserves as a result of the new strategy? How is the management team planning to mitigate operational risks associated with crypto asset management? How might the market’s perception of RYVYL’s shift to crypto affect its valuation multiples relative to peers? What are the potential upside and downside scenarios for the stock price based on the success or failure of the crypto treasury strategy? How will the retirement of the co‑founder affect employee morale and retention, especially within the crypto-focused team? Are there any upcoming regulatory or legislative developments that could impact RYVYL’s crypto treasury operations? How will the retirement of Chairman Ben Errez affect the company’s strategic direction and governance? What is the timeline and roadmap for RYVYL’s transition to crypto treasury management? What is the expected cost and capital allocation required to build and maintain a crypto treasury? How does RYVYL’s crypto treasury strategy compare to those of its main competitors in the crypto/financial services space? What regulatory and compliance risks does the new crypto treasury focus introduce, especially in the U.S. and globally? How might the leadership change affect investor confidence and the stock’s liquidity and volatility? What are the potential impacts on the company’s existing product lines and customer base during the repositioning? What are the key performance metrics (KPIs) that RYVYL will use to measure success of the crypto treasury initiative?