Bitcoin Journal
Roundtable Declares New CFO, Aly Madhavji To Lead RYVYL Merger NASDAQ Itemizing
San Diego, CA, Nov. 06, 2025 — Roundtable and RYVYL Inc. (NASDAQ: RVYL) immediately introduced that legendary Web3 investor Aly Madhavji has agreed to hitch the soon-to-be-merged firm as Chief Monetary Officer (CFO), bridging his distinctive background of conventional finance credentials with deep relationships and expertise managing over 200 blockchain infrastructure expertise investments.
As CFO, Madhavji will assist information Roundtable’s continued rise by way of the merger course of and NASDAQ itemizing, whereas connecting the dynamic blockchain funding group with Roundtable. Present RYVYL CFO George Oliva upon completion of the merger will transition to the function of Chief Accounting Officer for the merged entity.
Madhavji’s monetary credentials are as impeccable as his in-depth information of the Web3 sector, bringing relationships with over 500 blockchain co-investors from each continent, together with his house base in Singapore.
Roundtable CEO James Heckman praised Madhavji’s management and experience, stating, “In over 30 years of financing and working expertise firms, I’ve not met somebody with extra depth and thoroughness as a board member and investor, which is constant together with his technical and monetary acumen. His contribution has been so spectacular, we invited him to hitch this once-in-a-lifetime alternative to remodel a complete business. Aly has the distinctive capability to translate the imaginative and prescient of our revolutionary platform to each conventional and blockchain-focused funding communities.”
Madhavji is a licensed Chartered Accountant (CA, CPA, CMA, CIM) with a Grasp’s in International Affairs from Tsinghua College (清华大学), an MBA from INSEAD (Singapore/France) the place he was a Blockchain Fellow, and a BA in Commerce with Distinction from the College of Toronto, the place he serves on the Governing Council. A world award-winning writer and featured speaker at main Web3 conferences, Aly can also be a contributing analyst for main crypto publications and the acclaimed lead on Amazon Prime Video’s sequence Crypto Knights. His Roundtable board seat will mark his second NASDAQ service, following his place with Soluna Holdings.
Madhavji commented, “I’m becoming a member of Roundtable as CFO as a result of Roundtable has turned the media business’s long-aspired Web3 imaginative and prescient into sensible actuality. The RYVYL merger brings bank-grade funds and public-market self-discipline; our platform offers publishers what they’ve needed for years: real-time income, clear reporting, and management of their information, audiences, and IP, solely doable with Web3. After diligencing and investing in a whole lot of blockchain infrastructure groups, that is the one which stands aside; and why Blockchain Founders Fund made Roundtable our largest funding, and so I’m stepping in to steer our NASDAQ journey and align Roundtable with each conventional and Crypto targeted buyers.”
Madhavji joins a veteran govt crew led by digital media entrepreneur James Heckman and blockchain pioneer Eyal Hertzog. Hertzog, co-founder and architect of Roundtable’s “DeWeb” platform, is well known because the technical inventor of decentralized finance (DeFi), together with automated market-making and the liquidity pool mechanisms that underpin the transformative business – and introduced it to market, because the lead architect and founding father of Bancor. He additionally co-founded the primary social video platform, MetaCafe, whose suggestion algorithm helped form the inspiration of social media.
Heckman, a serial founder and former senior govt at Yahoo, Google, and Information Corp, has constructed and scaled greater than a dozen expertise platforms, together with Area Group, which powered digital media for over 300 world manufacturers. He’s joined by long-time expertise collaborator and co-founder Invoice Sornsin as COO, a former senior product chief at Microsoft and co-architect of a number of global-scale platforms with Heckman.
Collectively, this management crew developed Roundtable, the primary large-scale, Enterprise-level, Web3-powered media platform integrating decentralized funds, clear real-time reporting, and on-chain viewers and information management, creating next-generation infrastructure for skilled publishers and media networks worldwide. Heckman’s prior firm, Area, turned a nine-figure public enterprise powering publishing and monetization for world media manufacturers together with Sports activities Illustrated, Maxim, Historical past.com, and TheStreet. His previous roles embody Head of International Media Technique at Yahoo!, Chief Technique Officer at Fox Interactive, and architect of the $1 billion advert alliance between MySpace, Google, led the crew that architected Hulu’s authentic enterprise mannequin and created the primary “Premium Market,” partnered with AOL, Yahoo!, MSN and the highest dozen main media firms..
Altogether Heckman has created and brought public and/or bought to main digital media, ten large-scale ventures, together with Rivals.com (acquired by Yahoo!), Scout.com (acquired by Fox), 5to1.com (public, acquired by Yahoo!), NFL Unique, and Area. Remarkably, each enterprise he based succeeded in sustainability and main business scale.
Visionary Companions and Board Members
Roundtable co-founders and strategic companions embody incoming Chair Walton Comer, XBTO co-founder, Lucid Holdings co-founder, which bought to CINT for practically $1 billion, and founding investor of Deribit, lately bought to Coinbase for over $3 billion; Aly Madhavji, Managing Associate of Blockchain Founders Fund; David Bailey, CEO of Nakamoto, Bitcoin Convention and Bitcoin Journal; Mike Alexander, former CEO of Jefferies Asia and CEO of Bullish’s EOS Enterprise Capital Fund; W. Graeme Roustan, Roundtable co-founder, former Chairman of Bauer Hockey, True Sports activities CEO, and CEO of The Hockey Information, the primary main community to publish on-chain with Roundtable; and Brock Pierce, Tether co-founder and early Bitcoin visionary.
Merger Particulars
A definitive settlement has been signed between RYVYL (NASDAQ: RVYL) and Roundtable. Closing stays topic to shareholder approval and normal regulatory overview. Upon closing of the merger:
- James Heckman will turn out to be CEO
- Walton Comer will turn out to be Chairman, main a seven-membered board
- Aly Madhavji will stay CFO (from Roundtable), within the merged firms
- George Oliva will stay as EVP/Finance and Chief Accounting Officer, reporting to Heckman
- The corporate will change its identify to RTB Digital, Inc., doing enterprise as “Roundtable”
- Six administrators will probably be appointed by RTB, and RYVYL unbiased director Brett Moyer retained; all different incumbent administrators of RYVYL will step down.
About Roundtable (RTB Digital, Inc.)
Roundtable is a Web3, digital media SaaS platform firm, offering white-label, full stack distribution, group, publishing and monetization for skilled media manufacturers and journalists – fortified and powered by a digital liquidity pool built-in into the platform. Go to RTB.io.
About RYVYL
RYVYL Inc. (NASDAQ: RVYL) operates a digital cost processing enterprise enabling transactions across the globe, together with cost options for underserved markets. RYVYL has developed functions enabling an end-to-end suite of turnkey monetary merchandise with enhanced safety and information privateness, world-class id theft safety, and speedy velocity to settlement. www.ryvyl.com
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