READEN HOLDING CORPORATION (OTC PINK: RHCO), a leading Venture Capital Corporation specializing in Fintech, Online Payment, and E-commerce, today announced the filing of its financial statements for the period ending December 31, 2024, with OTC Markets Disclosure & News Service.

For the period, RHCO reported a net profit of $709,052, reflecting strong performance in the fourth quarter of 2024. Total revenue reached $5.71 million, driven by the company’s strategic expansion in financial technology and digital payment solutions. Gross profit stood at $1.35 million, underscoring RHCO’s ability to scale operations while maintaining profitability.

RHCO’s blockchain-powered Readies platform has continued its transformation into a next-generation digital payment ecosystem, redefining how businesses and consumers transact. Readies is operated under Finexeble S.R.O., a wholly owned subsidiary of RHCO, which holds a cryptocurrency license in the Czech Republic. By seamlessly integrating traditional finance with cryptocurrency payments, Readies delivers faster settlements, lower transaction fees, and enhanced financial flexibility. The platform has undergone significant advancements, including expanded cross-border payment capabilities and state-of-the-art fraud prevention measures. These enhancements further strengthen Readies' position as a leading hybrid payment solution, catering to the evolving needs of a global digital economy. As adoption accelerates, Readies is solidifying RHCO’s role at the forefront of financial innovation.

Looking ahead to 2025, RHCO is making strategic moves to expand its global presence. The company is establishing a new operating office in Dubai, a thriving hub for fintech and digital assets. As part of this expansion, RHCO is in the process of obtaining a Virtual Assets Regulatory Authority (VARA) license, which will allow it to legally operate crypto-related businesses within Dubai’s rapidly growing digital economy. Combined with its existing Virtual Asset Service Provider (VASP) license, the VARA license will enable RHCO to significantly scale its crypto operations, leveraging Dubai’s robust regulatory framework and supportive business environment. This expansion will also accelerate the integration of cryptocurrency solutions into Readies, further strengthening its position as a regulated, secure, and innovative financial platform for businesses and users worldwide.

Ridzky Berg, CEO of RHCO, commented: "Our performance in the last six months underscores our commitment to driving fintech innovation and expanding our global reach. Readies has placed us at the forefront of the digital payment revolution, and our strategic expansion into Dubai — along with the VARA license — will unlock even greater opportunities in the crypto and blockchain space. With the combination of our existing VASP license and the upcoming VARA license, we anticipate exponential growth in our crypto-related operations, potentially increasing our business volume fivefold. Dubai’s regulatory clarity and supportive environment for digital assets make it the ideal location for our next phase of expansion. As we move into 2025, we remain focused on scaling our fintech ecosystem, launching new digital payment solutions, and forging strategic partnerships that will drive long-term value for our shareholders."

READEN HOLDING CORPORATION (OTC PINK: RHCO), a leading venture capital corporation focused on Fintech, Online Payment, and E-commerce, today announces the appointment of Barry Lau as Chairman of its Advisory Board. With over 20 years of experience in investment strategy, risk management, and private credit across Asia and globally, Mr. Lau brings invaluable expertise to the role.

Mr. Lau is a recognized authority in private credit and alternative investments. As the former Managing Partner and Chief Investment Officer of Adamas Asset Management, he co-founded the firm, significantly contributing to its growth and success in private investments. He also served as Managing Partner of the Adamas Ping An JV, a joint venture dedicated to innovative investment opportunities across Asia. Previously, Mr. Lau led Fund Derivatives Asia at BNP Paribas, specializing in structured collateralized loans on hedge fund assets, and held key roles at ABN AMRO. His career began as
a private equity lawyer with Clifford Chance in London.

A founding member of the Alternative Investment Management Association's (AIMA) Alternative Credit Council, Mr. Lau was the only Asia-based member appointed to its Global Board and served as co-Chairman of the Asia ACC. A respected thought leader, he regularly contributes insights on private credit and alternative investment to top-tier financial publications, including Financial Times, Bloomberg, and Private Debt Investor.

Mr. Lau’s appointment marks a strategic enhancement of RHCO’s advisory team with leaders who possess extensive industry knowledge and a global perspective. His guidance will be pivotal as RHCO accelerates its pursuit of new growth opportunities, deepening its portfolio with high-performance investment solutions.

Ridzky Berg, CEO of RHCO, commented, “We are thrilled to welcome Barry as Chairman of our Advisory Board. His expertise in private credit and investment strategy, combined with his extensive network and proven track record, will be instrumental in advancing RHCO’s growth as we strengthen our position in the fintech and online payment sectors.”

READEN HOLDING CORPORATION (OTC PINK: RHCO), a prominent Venture Capital Corporation in Fintech, Online Payment, and E-commerce, today announced the filing of its financial statements for the quarter ending September 30, 2024, with OTC Markets Disclosure & News Service.

RHCO delivered a solid net profit of $462,025 for the quarter, reflecting the ongoing success of its Fintech-driven strategy and demonstrating resilience in a rapidly evolving market. Building on the Company’s 2024 fiscal year-end results, this quarter’s performance underscores the increasing demand for RHCO’s financial technology offerings.

This period’s financial results also highlight the growth trajectory of RHCO’s hybrid payment solution, Readies. Since its inception, Readies has transformed payment experiences through its innovative, blockchain-enabled platform. Following a recent rollout of advanced features, Readies now offers enhanced security and flexibility to merchants and users globally, further strengthening RHCO’s market position and revenue growth.

Ridzky Berg, CEO of RHCO, remarked, “We are encouraged by our strong results this quarter, which reflect our focus on high-value Fintech solutions that meet today’s digital economy demands. With Readies and our other initiatives, RHCO is well-equipped to address the needs of an expanding global customer base. We anticipate sustained growth as we continue to advance our platform, integrate new features, and expand into new markets. Our team remains committed to driving innovation and creating value for our shareholders as we move forward with a strong outlook for 2025.”