GreenBox (NASDAQ: GBOX), a company that leverages unique blockchain security and USD-backed stablecoin technology with near-real-time attestation to conduct payment transactions, today announced that its shareholders approved a name change from GreenBox POS to RYVYL, as detailed in the most recent 8K filing. Shareholders voted to approve the change Oct. 6, with the name and branding updates driven by both financial market evolution and the need to better communicate the company’s leading-edge and expanded product and service offerings. “We are elated that our shareholders voted in favor of approving the name and brand, as it expresses a strong vision of our company’s future,” said RYVYL’s Chief Marketing Officer Jacqueline B. Reynolds. “We worked obsessively to deliver a world-class brand, unparalleled in the fintech industry, while communicating our entrenched values of tenacity, passion, moxie, vision, empowerment, integrity first and being leading-edge. The meaning behind our RYVYL name and the gorgeous branding work from leading agency, INNOCEAN USA, has inspired our shareholder community to support this change.”
To view the full press release, visit https://ibn.fm/bw76y
About RYVYL(TM)
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 in San Diego, 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.
NOTE TO INVESTORS: The latest news and updates relating to GBOX are available in the company’s newsroom at https://ibn.fm/GBOX
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