San Diego, California, November 6, 2025 – Roundtable and Revell Company. (NASDAQ: RVYL) today announced legendary investor Web3 Ali Madhavji He has agreed to join the soon-to-be-merged company as Chief Financial Officer (CFO), combining his unique background of traditional finance credentials, deep relationships, and experience managing more than 200 blockchain infrastructure technology investments.
As CFO, Madhavji will help guide Roundtable’s continued rise through its merger and Nasdaq listing, while connecting the dynamic blockchain investing community to Roundtable. RYVYL’s current CFO, Jorge Oliva, will transition, upon completion of the merger, to the role of chief accounting officer of the combined entity.
Madhavji’s financial credentials are as impeccable as his in-depth knowledge of the Web3 sector, having built relationships with over 500 blockchain investors from every continent, including his headquarters in Singapore.
James Hickman, CEO of Roundtable, praised Madhavji’s leadership and experience, saying: “In more than 30 years of financing and operating technology companies, I have not met someone with a more intense and nuanced role as a board member and investor, which matches his technical and financial acumen. His contribution has been so impressive, we have invited him to join this once-in-a-lifetime opportunity to transform the entire industry. Ali has a unique ability to translate the vision of our revolutionary platform into both traditional and blockchain-focused investing.” communities.”
Madhavji is a Certified Public Accountant (CA, CPA, CMA, CIM) and holds a Master’s degree in Global Affairs from Tsinghua University (清华大学), an MBA from INSEAD (Singapore/France) where he was a Blockchain Fellow, and a Bachelor’s degree in Commerce with distinction from the University of Toronto, where he serves on the Board of Directors. An international award-winning author and featured speaker at major Web3 conferences, he is also a contributing analyst to leading cryptocurrency publications and a popular leader on Amazon Prime Video series Crypto Knights. His seat on the Roundtable Board of Directors will mark his second service on Nasdaq, following his position with Soluna Holdings.
Madhavji commented: “I joined Roundtable as CFO because Roundtable turned the media industry’s long-awaited Web3 vision into a practical reality. The RYVYL merger creates bank-level payments and overall market discipline; Our platform gives publishers what they’ve wanted for years: real-time revenue, transparent reporting, and control over their data, audiences, and IP, which is only possible with Web3. after Diligence and investment in it Of hundreds of blockchain infrastructure teams, this is the one that stands out from the rest; And why the Blockchain Founders Fund made Roundtable our largest investment, so I’m stepping in to lead our NASDAQ journey and align Roundtable with both traditional investors and crypto-focused investors.
Madhavji joins a veteran executive team led by digital media entrepreneur James Hickman and blockchain pioneer Eyal Herzog. Herzog, co-founder and architect of Roundtable’s “DeWeb” platform, is widely recognized as the technical inventor of decentralized finance (DeFi), including automated market making and liquidity pooling mechanisms that underpin the manufacturing industry — which he brought to market, as the lead architect and founder of Bancor. He also co-founded the first social video platform, MetaCafe, whose recommendation algorithm helped form the foundation of social media.
A serial founder and former senior executive at Yahoo, Google and News Corp, Hickman has built and scaled more than a dozen technology platforms, including Arena Group, which powers digital media for more than 300 global brands. He is joined as COO by long-time technology collaborator and co-founder Bill Sorensen, a former product leader at Microsoft and co-architect of several global platforms with Heckman.
Together, this leadership team developed Roundtable, the first large-scale, enterprise-grade media platform powered by Web3 that integrates decentralized payments, transparent real-time reporting, and on-chain audience and data control, creating a next-generation infrastructure for professional publishers and media networks around the world. Hickman’s former company, Arena, has become a nine-figure public enterprise powering publishing and monetization for global media brands including Sports Illustrated, Maxim, History.com, and The Street. His previous roles include head of global media strategy at Yahoo!, chief strategy officer at Fox Interactive, architect of the $1 billion advertising alliance between MySpace and Google, and leading the team that designed Hulu’s original business model and created the first “Premium Marketplace,” in partnership with AOL and Yahoo! MSN and dozens of major media companies.
In total, Hickman has created ten large-scale projects and taken them public and/or sold to major digital media outlets, including Rivals.com (Acquired by Yahoo!), Scouts website (Acquired by Fox), 5to1.com (Public, which was acquired by Yahoo!), NFL exclusively, and Arena. Remarkably, every company he founded has succeeded in achieving sustainability on a major industry scale.
Visionary partners and board members
The Roundtable’s founders and strategic partners include the incoming president Walton Comerco-founder of XBTO, co-founder of Lucid Holdings, which sold to CINT for nearly $1 billion USD, and founding investor of Deribit, which recently sold to Coinbase for over $3 billion USD; Ali MadhavjiManaging Partner of Blockchain Founders Fund; David BaileyNakamoto CEO, Bitcoin Conference and Bitcoin Magazine; mike alexander, former CEO of Jefferies Asia and CEO of Bullish’s EOS Venture Capital Fund; W. Graeme Rustanco-founder of Roundtable, former Chairman of Bauer Hockey, CEO of True Sports, and CEO of The Hockey News, the first major network to publish on-series with Roundtable; and Brooke Pierceco-founder of Tether and early visionary of Bitcoin.
Merger details
A definitive agreement has been signed between RYVYL (NASDAQ: RVYL) and Roundtable. Closing remains subject to shareholder approval and standard regulatory review. Upon closing of the merger:
- James Hickman He will become CEO
- Walton Comer He will become president, leading a seven-member board of directors
- Ali Madhavji The CFO (from Roundtable), will remain in the combined companies
- Jorge Oliva He will remain Executive Vice President/Finance and Chief Accounting Officer, reporting to Hickman
- The company will change its name to RTP Digital Incdoing business as “round table”
- Six managers He will be appointed by RTB and an independent director of RYVYL Brett Muir held All other current directors of RYVYL will step down.
Around the round table (RTB Digital, Inc.)
Round table Web3 is a digital media SaaS platform company that provides white label, full distribution, community, publishing and monetization to professional media brands and journalists – enhanced and supported by a digital liquidity pool built into the platform. Visit RTB.io.
About Revell
RYVYL Inc. is managed by RYVYL Inc. (NASDAQ: RVYL) is a digital payment processing business that enables transactions around the world, including payment solutions for underserved markets. RYVYL has developed applications that enable a comprehensive suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and high-speed settlement. www.ryvyl.com
Cautionary note regarding forward-looking statements
This press release includes information that constitutes forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. These forward-looking statements include statements marked by forward-looking or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate,” “continue” or similar words. You should read statements containing these words carefully because they discuss future expectations and plans, contain projections of future results of operations or financial condition or state other forward-looking information.
By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed or anticipated in the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws. These forward-looking statements include, but are not limited to, statements regarding the proposed merger between the Company and the target (the “Parties”), the expected closing and timing of the proposed merger and as revised descriptions of the Post-Transaction Company and its operations, strategies and plans, including the management team and Board of Directors of the Company after the completion of the Merger (the “Combined Company”). There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this press release. These risks include: the risk that the parties’ businesses will not be successfully combined and the risk that the cost savings, synergies and growth resulting from the proposed combination may not be fully realized or may take longer to realize than expected; the possibility that the Company’s stockholders may not approve the issuance of new shares of the Company’s common stock in the merger or that the Company’s stockholders may not approve the merger; the risk that a condition to the closing of the merger will not be satisfied, that either party may terminate the definitive agreement or that the closing of the merger may be delayed or not occur at all; potential adverse reactions or changes in business or employee relationships, including those resulting from the announcement or completion of the merger; the risk that the parties will not obtain regulatory or other approvals for the merger; the occurrence of any other event, change or circumstance that could lead to the termination of the merger agreement or changes in the transactions; The risk that changes in the Company’s capital structure and corporate governance will have adverse effects on the market value of its securities; the parties’ ability to retain customers, retain and hire key employees and maintain relationships with their suppliers and customers and the parties’ overall operating and business results; the risk that the merger may distract the parties’ managements from ongoing business operations or cause the parties to incur significant costs; the effects on the parties’ plans for value creation and strategic advantages, market size and growth opportunities, regulatory conditions, competitive position and interest of other companies in similar business strategies, technological and market trends, and the future financial condition, performance and expected financial effects of the merger; the risk that the parties will be unable to reduce expenses or access financing or liquidity; the impact of any economic downturn; risks of changes in government regulations or enforcement practices; and other important factors that could cause actual results to differ materially from those anticipated and risk factors discussed in the Company’s documents filed with, or to be filed with, the Securities and Exchange Commission and which are or will be available on the Company’s website at www.ryvyl.com And on the website of the Securities and Exchange Commission at www.sec.gov.
Contact RYVYL Infrared Company:
Richard Land, Alliance Investor Relations Advisors
973-873-7686 ryvylinvestor@allianceadvisors.com
Contact Roundtable Public Relations:
Mohab Qureshi, RTB Digital Inc.
+91 90289 77198, mehab@roundtable.io
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