Aly Madhavji
About Aly Madhavji
Aly Madhavji is a Web3 investor and Managing Partner of Blockchain Founders Fund who has agreed to join the post‑merger RTB Digital/RYVYL entity as Chief Financial Officer to help lead the merger process and NASDAQ listing; he holds CA, CPA, CMA, CIM credentials, a Master’s in Global Affairs (Tsinghua), an MBA (INSEAD), and a BA in Commerce (University of Toronto) . This appointment comes as RVYL pursues a reverse split and share authorization increase amid recent negative TSR and losses, providing a challenging backdrop he is expected to navigate as CFO designate .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Blockchain Founders Fund | Managing Partner | Not disclosed | Managed 200+ blockchain infrastructure investments; relationships with 500+ co‑investors globally . |
| RTB Digital (“Roundtable”) | CFO designate (post‑merger entity with RYVYL) | 2025 (announced Nov 6, 2025) | To lead merger integration and NASDAQ listing; connect traditional and crypto investor communities . |
| Soluna Holdings (NASDAQ: SLNH) | Prior NASDAQ role (specific title not disclosed) | Not disclosed | Noted as his prior NASDAQ service before Roundtable board seat . |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| University of Toronto | Governing Council member | Not disclosed | Academic governance and institutional oversight . |
| Amazon Prime Video – “Crypto Knights” | Lead | Not disclosed | Public profile; industry storytelling in crypto/Web3 . |
| Various crypto publications | Contributing analyst and featured speaker | Not disclosed | Thought leadership and ecosystem influence . |
Fixed Compensation
- Not disclosed for Aly Madhavji in RVYL filings to date; his appointment was announced via press release/8‑K without compensation terms .
- RVYL’s latest proxy covers 2024/2023 named executive officers and does not include Aly Madhavji .
Performance Compensation
- No disclosure of Aly’s bonus targets, performance metrics (e.g., revenue, EBITDA, TSR), equity awards (RSUs/PSUs/options), vesting schedules, or payout formulas in current RVYL/merger communications .
Equity Ownership & Alignment
- No personal beneficial ownership reported for Aly in RVYL’s latest beneficial ownership table (lists 5% holders, current directors/NEOs; Aly not included) .
- Company adopted an insider trading policy on Feb 15, 2024; applicable to directors/officers; no pledging/hedging disclosures specific to Aly .
Employment Terms
- Appointment scope: Aly “agreed to serve as CFO” of the post‑merger company and to lead the RYVYL–Roundtable merger and NASDAQ listing; no employment agreement, severance, change‑of‑control, or clawback terms publicly filed for him as of the latest 8‑Ks/425 .
Investment Implications
- Strategic signal: CFO designate with deep Web3 investing and global co‑investor relationships may strengthen capital raising, partnership formation, and market narrative for the merged entity; execution will be tested against RVYL’s pending reverse split and share authorization increase aimed at listing compliance and merger flexibility .
- Pay‑for‑performance and alignment risk: Absence of disclosed compensation structure, ownership stake, vesting, or change‑of‑control economics for Aly limits assessment of incentive alignment and potential insider selling pressure; monitor subsequent 8‑K/DEF 14A for CFO contract terms and equity grants .
- Near‑term trading dynamics: Reverse split mechanics and warrant price‑protection may affect post‑split pricing and dilution; Series C preferred voting power associated with RTB underscores governance influence as merger proceeds .