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Professional Services
Management ChangeJun 5, 2026, 05:26 PM

RYVYL Director David Bailey Departs Board

AI Summary

RYVYL Inc. announced that co-founder David Bailey departed its board of directors on June 1, 2026. Bailey, a founding investor and board member, is leaving to focus on his role as Chief Executive Officer of Nakamoto, Inc. The company stated that his departure was amicable and not due to any disagreements regarding operations, policies, or practices.

Key Highlights

  • David Bailey departed RYVYL Inc.'s board of directors on June 1, 2026.
  • He will focus on his role as Chief Executive Officer of Nakamoto, Inc. (NASDAQ: NAKA).
  • Bailey was a co-founder and founding investor of RTB Digital, Inc.
  • His departure was amicable and not due to any disagreements with the company.