Readen Holding Corporation Reports Impressive Q4 Results and Expansion Plans for 2025

HONG KONG, Feb. 12, 2025 – Readen Holding Corporation (OTC PINK: RHCO), a prominent player in the venture capital sector focused on fintech, online payments, and e-commerce, has made headlines with the filing of its financial statements for the fiscal year ending December 31, 2024. The company has demonstrated notable growth, showcasing a net profit of $709,052 and total revenues of $5.71 million for the fourth quarter of 2024.

This impressive performance underscores Readen's successful strategic endeavors, particularly in financial technology and digital payment solutions. Notably, the gross profit recorded was $1.35 million, reflecting the company's ability to scale its operations while ensuring profitability.

Advancements in Digital Payments

A significant element of Readen's success has been the continued evolution of its Readies platform, a blockchain-powered solution that is reshaping the landscape of digital payments. Managed through Finexeble S.R.O., a subsidiary under the Readen umbrella, Readies operates with a cryptocurrency license in the Czech Republic, thereby merging traditional financial practices with the burgeoning cryptocurrency sector.

With features such as speedy payment settlements, lower transaction fees, and greater financial flexibility, Readies is making strides in enhancing cross-border payment processing capabilities along with robust fraud prevention techniques. These advancements ensure Readies' relevance in an ever-evolving digital economy, significantly contributing to Readen's stature as an innovator in financial technology.

Ambitious Plans for 2025

Looking forward, Readen is aggressively aiming to broaden its global footprint, with plans to establish a new office in Dubai – a renowned epicenter for fintech innovation and digital assets. As part of this strategic expansion, the company is in the process of acquiring the Virtual Assets Regulatory Authority (VARA) license, which will legitimize its crypto-related operations in Dubai, amplifying its existing Virtual Asset Service Provider (VASP) license capabilities.

This endeavor is anticipated to substantially boost Readen's cryptocurrency operations, capitalizing on Dubai's supportive and regulatory-rich environment for digital assets. As such, the company envisions scaling its crypto operations significantly and accelerating its digital payment solution offerings through the Readies platform, ultimately enhancing its appeal to businesses and consumers globally.

Leadership Insights

Ridzky Berg, CEO of Readen Holding Corporation, shared insights on the firm’s trajectory: “Our performance over the last six months highlights our unwavering dedication to pushing forth fintech innovation and expanding our global presence. With our Readies platform, we have positioned ourselves at the forefront of the digital payment surge, and our impending expansion into Dubai—alongside securing the VARA license—will unlock vast possibilities in the blockchain sector. By merging our VASP and VARA licenses, we project exponential growth in our crypto-related activities, potentially amplifying our business volume fivefold.”

Conclusion

As Readen Holding Corporation embarks on these ambitious plans for 2025, it remains committed to expanding its fintech ecosystem, introducing new digital payment solutions, and establishing strategic partnerships aimed at generating sustained value for its shareholders.

With a storied operating history spanning over three decades, Readen stands out as a diversified holding company, focused on acquiring and nurturing successful businesses, maximizing long-term shareholder value while remaining a trailblazer in the burgeoning fintech industry. For more information, you can visit Readen Holding Corporation's official website.