RYVYL Shares Plunge 26% as Blockchain POS Firm Overhauls Board and Unveils 3rd-Gen Platform
By ATTN Desk · Editorial oversight: Sean Han
Introduction
RYVYL INC (ticker: RVYL) is a publicly traded technology company based in San Diego, California. Founded on June 13, 2017, as GreenBox POS, the firm rebranded to RYVYL in 2025. It develops customizable, blockchain-based payment and point-of-sale (POS) solutions for consumers and businesses, offering transaction processing, secure ledger technology, and integrated financial services.
Corporate structure
As of December 2025, RYVYL employs between 51 and 200 staff across its San Diego headquarters and international development centers. The leadership team includes experienced professionals from the payments and technology sectors. George Oliva, appointed Chief Financial Officer in October 2023, brings over 30 years of experience in corporate finance, treasury, and strategic planning. The board of directors was restructured at the Annual Meeting held on December 15, 2025, where shareholders elected four nominees to serve through the 2026 Annual Meeting.
Blockchain payments by Hitesh Choudhary
Recent developments and news
- December 15, 2025: At the company’s Annual Meeting of Stockholders, RYVYL reported a quorum with 23,535,606 votes represented and elected four directors.
- SEC filings on December 17, 2025 (DEFA14A, Form 425, Form 8-K) provided details on proxy materials, voting outcomes, and corporate governance updates.
- In early 2025, RYVYL announced the launch of its third-generation blockchain architecture and plans for an international digital token platform to enhance cross-border payment capabilities.
- Partners such as Coyni and Charge Savvy utilize RYVYL’s white-label APIs for merchant onboarding, KYC/KYB compliance, and payment processing.
Financial and strategic analysis
| Metric | Value |
|---|---|
| Share price (2025-12-18 close) | $0.2002 |
| Daily change | –26.45 percent |
| Volume | 172,860 |
| 52-week range | $0.25 – $2.33 |
| Market capitalization (approx.) | $9.8 million |
| Revenue (TTM) | $48.9 million |
| Net income (TTM) | –$13.4 million |
| Profit margin (TTM) | –40.87 percent |
| Total cash (most recent quarter) | $1.16 million |
RYVYL reported a trailing twelve-month revenue of approximately $48.9 million, alongside a net loss of $13.4 million. The company’s strategic focus includes scaling its blockchain-secure POS solutions, expanding API services, and deploying an international token infrastructure. Recent capital raises include $1.6 million in seed funding in 2018 and $51 million through EF Hutton in 2021, which have supported technology development and market entry efforts.
Market position and industry context
RYVYL operates within the payments and fintech sector, which is being influenced by the growing adoption of blockchain technology. Its competitors encompass established payment processors and emerging fintech startups. By providing a fully integrated ledger, support for offline transactions, and compliance tools, RYVYL aims to differentiate its offerings within merchant services, e-wallet solutions, and payment kiosks. The company’s white-label approach enables partners to deploy customized POS systems without the need to develop the underlying infrastructure.
tl;dr
As of December 18, 2025, RYVYL shares closed at $0.2002, down 26.45 percent on a volume of 172,860. On December 15, shareholders elected four directors at the Annual Meeting, with SEC filings on December 17 detailing proxy materials and governance updates. The company is implementing its third-generation blockchain platform and preparing for an international digital token offering. Ongoing challenges include managing net losses and increasing market share in a competitive fintech landscape.