Announces Payments Expansion: Foxley & Carr Inc. Acquisition, Nigeria Licensing, And EU MiCA Strategy

Readen Holding Corporation (OTCID: RHCO), a venture capital specializing in Fintech, Digital Payments, and E-commerce, today announced key strategic updates that reinforce its goal to become a major global player in the payments industry.

Nigeria market entry

Following extensive due diligence conducted by Resolution Law Firm (Lagos, Nigeria), RHCO has discontinued and canceled the previously announced acquisition of Morrich Lottery Limited. The review found that the licensing position of Morrich Lottery Limited did not align with the terms and expectations agreed for the transaction. In parallel, there is an internal dispute among Morrich’s management regarding authority and governance. While legal discussions between counsels are ongoing, RHCO has elected to proceed independently with its Africa strategy.

RHCO remains fully committed to entering the Nigerian lottery, sportsbook, and casino sector. The Company has initiated applications for its own operating licenses in Nigeria, including a Sports Betting License, a Casino License, an Interactive Mobile Gaming License, and a Public Online Lottery License. Securing these licenses will enable RHCO to launch and manage operations as originally planned under its own structure and governance framework.

Acquisition of a licensed Money Services Business (MSB)

At the same time, RHCO has completed the acquisition of Foxley & Carr Inc., a licensed Money Services Business (MSB). This is a transformational step that embeds regulated payment infrastructure directly into RHCO’s core operations.

Foxley & Carr Inc. is registered with the U.S. Financial Crimes Enforcement Network (FinCEN) as an MSB (Registration No. 31000301949652), with authorized activities that include money transmission, dealing in foreign exchange, and the sale of prepaid access. The company is currently registered for activities in Montana, USA with foreign-flag capabilities. This compliance posture provides RHCO with a solid regulatory foundation in the United States for payments enablement, cross-border flows, and value‑added financial services.

With Foxley & Carr Inc., RHCO can operate as a payment service provider across major global card networks, including Visa, Mastercard, American Express, Discover, JCB, and UnionPay, as well as alternative payment rails and regional schemes. Bringing these capabilities in-house, alongside enterprise‑grade KYC/AML, transaction monitoring, and settlement operations, creates a robust backbone for high‑volume merchant acquiring and improves control over onboarding, compliance, and unit economics.

The platform also enables faster, more reliable cross-border remittances and payouts, improving speed, cost efficiency, and service quality for merchants and consumers. By reducing reliance on third parties, RHCO gains tighter control over onboarding, compliance, and unit economics.

Integrated with RHCO’s broader fintech strategy, including e-commerce and gaming initiatives, and complemented by its European regulatory path, Foxley & Carr Inc. becomes the cornerstone of a unified, multi-rail, multi-region payments ecosystem. These advantages accelerate go-to-market, strengthen regulatory trust, and expand global reach, placing RHCO on a clear path to category leadership in global payments.

MiCA license and EU strategy (Finexeble and Readies)

Further advancing its regulated fintech roadmap, RHCO has applied for authorization under the EU’s Markets in Crypto-Assets (MiCA) license regime via Finexeble S.R.O., RHCO’s European fintech subsidiary and the developer of Readies. Finexeble has historically operated in the Czech Republic under a digital asset license, under which Readies has matured into a hybrid payments platform that blends traditional fiat rails with blockchain-enabled capabilities and incorporates alternative payment methods to drive global merchant adoption and distribution.

MiCA authorization will align Finexeble and Readies with the EU’s harmonized framework and provide passportable, EU-wide permissions to operate legally as regulated crypto-asset service providers. This includes compliant digital-asset payments, regulated custodial wallets, and fiat–crypto on/off-ramp infrastructure under a single, consistent rulebook.

Combined with Foxley & Carr Inc.’s MSB‑based card acquiring and account‑to‑account capabilities, MiCA brings Readies into full regulatory alignment across Europe while unifying fiat and digital‑asset rails in one operating stack. The result is faster merchant onboarding, deeper regulatory confidence, and access to higher‑value cross‑border and enterprise use cases. Together, these developments elevate RHCO’s competitive position and momentum, supporting its rise as a consequential force in the global payments landscape.

Ridzky Berg, CEO of RHCO, commented: “Our actions reflect disciplined execution and long‑term focus. By transitioning to our own Nigeria license, integrating the regulated infrastructure of Foxley & Carr Inc., and aligning Finexeble and Readies with the MiCA license regime, we are building a single, compliant payments stack that spans cards, bank transfers, and digital assets. This strategy enhances speed, trust, and scalability for our merchants and partners worldwide and positions RHCO to compete and win on a truly global stage.”