Readen Holding Corp.

Readen Holding Corp.

RHCO

RHCOReaden Holding Corp. US flag

Other OTC

0.02

USD

+0.00

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6.96MMarket Cap

Readen Holding Corp.

RHCO

(Other OTC)

Recent

price

0.02

P/E

ratio

- -

div

yld

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ROIC.AI

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Business: Readen Holding Corp. (OTC Pink: RHCO) is a venture capital firm specializing in fintech, digital payments, e-commerce, and blockchain-powered solutions, operating primarily through subsidiaries in Europe, Asia, Africa, and internationally. Incorporated in 1953 and headquartered in Kortenhoef, the Netherlands, with additional operations in Hong Kong, the company identifies and acquires equity stakes in businesses focused on financial technology, payment processing, and related infrastructure; its core offerings include the Readies hybrid blockchain payment platform supporting fiat and crypto transactions, OkeApp and OkePay for digital wallets and e-commerce integrations with Alipay and WeChat Pay, prepaid vouchers, SIM cards, and labels distributed physically and electronically via terminals; telecommunications services encompassing glassfiber networks, Internet, VoIP, mobile, TVIP, PoIP, AoIP, cloud services, and managed energy solutions offered to operators and providers; recycling operations involving plastic products procurement and distribution; online music and video content distributed as MP3 files; infant milk formulas production and non-dairy product trading; ship management; stable isotopes and deuterated solvents supply for research; and real estate holdings including hotels and estates. Recent developments include the April 2025 finalization of an 80% acquisition of Morrich Lottery Limited, securing lottery, sportsbook, and casino licenses in Nigeria to enter the African gaming market with Readies integration for seamless payments; a seven-fold revenue increase following OkeApp and Readies launches; collaborations with digital coupon platform Mezzofy; majority stake acquisition in Ecoolex; an exclusive $50M placement agreement with Aurelia; commencement of a 22% share buyback program; and appointment of a new CEO, alongside filing of December 31, 2024 financial statements reporting $7.63M in 2024 revenue.

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