RYVL Acquires Blockchain Nordic Ltd and Resets Aggressive Growth Strategy for the Future

After a period of quiet and consolidation, RYVL comes back strong with a fundamental new growth strategy focussed around Blockchain technology 

LONDON, Dec. 7, 2018 /PRNewswire/ -- The Marketing Group PLC (TMG), which trades as RYVL, has today announced the acquisition of Blockchain Nordic Ltd, an extremely profitable Blockchain technology digital asset investment firm. Blockchain Nordic Ltd offers a wide array of investment solutions: Index investment, tailored portfolios and their own exchange which gives access to numerous cryptocurrencies and currency pairs. Its core technology expertise sits exactly alongside the new strategy for RYVL welcoming in a new era of growth for investors.

Adam Graham, Executive Chairman, The Marketing Group plc, commented: "After the challenges that the group has faced, it was clear that we required revolution – not evolution. We have executed a fundamental pivot in strategy combined with a chunky acquisition. We believe this bold move is what the company needs to kick start the growth and improve shareholder value. We are delighted to announce the acquisition of Blockchain Nordic and believe it will provide a powerful springboard for the Group to launch into 2019 with increased scale, renewed focus and positive momentum.  We welcome Jesper Ohlenschlaeger and the rest of the team from Blockchain Nordic and very much look forward to working together as we build a progressive group that can benefit from the exceptional growth in the blockchain space."

Jesper Ohlenschlaeger, Blockchain Nordic Ltd, "In order to become a Blockchain powerhouse, to be part of RYVL makes perfect sense. Blockchain Nordic and the industry have experienced considerable growth in the past couple of years, but in order to continue to ride this wave in Europe, and expand our activities into Asia and America, we need to be part of a bigger company. RYVL has a number of divisions that fit into our programme and strategy, and going forward RYVL will help us deliver a growth rate that will see us meet our business plan and double our business year on year."

Acquisition of Blockchain Nordic

Blockchain Nordic is a digital asset investment firm with offices in London, England, Copenhagen and Aarhus, Denmark and Marbella, Spain. It provides a wide range of investment solutions for dealing in digital assets, such as index investments, tailored portfolios and Blockchain Nordic's own exchange providing access to numerous cryptocurrencies and currency pairs. Blockchain Nordic has had tremendous success during 2018, and will deliver a proforma consolidated profit in excess of GBP £3million.