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READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES FILING OF MARCH 31, 2025 FINANCIAL STATEMENTS WITH OTC MARKETS
READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES FILING OF MARCH 31, 2025 FINANCIAL STATEMENTS WITH OTC MARKETS.
About this update from Readen Holding Corp.
[{"type":"text","content":"READEN HOLDING\r\n CORPORATION (OTC PINK: RHCO) ANNOUNCES FILING OF MARCH 31, 2025 FINANCIAL\r\n STATEMENTS WITH OTC MARKETS\r\n\r\n \r\n\r\nREADEN\r\n HOLDING CORPORATION (OTC PINK: RHCO), a leading Venture Capital Corporation\r\n specializing in Fintech, Online Payment, and E-commerce, today announced the\r\n filing of its financial statements for the period ending March 31, 2025, with\r\n OTC Markets Disclosure & News Service.\r\n\r\n \r\n\r\nFor\r\n the quarter, RHCO reported a net profit of $1,479,738, more than doubling the\r\n $709,052 reported for the prior period ending December 31, 2024. Total revenue\r\n rose to $8.97 million, up more than 56%, with gross profit reaching $2.31\r\n million, reflecting increased demand for the company’s fintech and digital\r\n payment services. These results underscore RHCO’s continued ability to scale\r\n operations while delivering strong profitability.\r\n\r\n \r\n\r\nA\r\n major contributor to this performance remains Readies, RHCO’s\r\n blockchain-powered hybrid payment platform, operated through Finexeble S.R.O.,\r\n a licensed subsidiary in the Czech Republic. Readies continues to evolve as a\r\n powerful ecosystem bridging traditional and crypto finance, offering faster\r\n transactions, lower fees, and expanded cross-border capabilities. Enhanced\r\n fraud protection and technical upgrades have further increased adoption and\r\n transaction volume across regions.\r\n\r\n \r\n\r\nRHCO\r\n is actively accelerating its international footprint. Notable recent\r\n developments include its entry into the Japanese market through a licensing\r\n agreement with TGG Ventures Limited and a business partnership with Japan’s\r\n Quantum Solutions Co., Ltd. (TSE Code: 2338). This alliance is designed to\r\n drive localized promotion and expansion of the Readies platform across Japan’s\r\n highly developed digital economy.\r\n\r\n \r\n\r\nIn\r\n addition, RHCO is establishing a new operating office in Dubai, one of the\r\n world’s leading fintech and crypto hubs. Already licensed under a Virtual Asset\r\n Service Provider (VASP) framework, the company is now in the process of\r\n securing a Virtual Assets Regulatory Authority (VARA) license, enabling it to\r\n operate a broader range of regulated crypto activities in the UAE. This\r\n expansion is expected to incr...