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."