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ROCKETFUEL BLOCKCHAIN INC - RKFL STOCK NEWS

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RocketFuel Blockchain, Inc. is a company specializing in developing blockchain technology-based check-out systems for the e-commerce sector. Founded in 2018 and headquartered in Las Vegas, Nevada, the company is at the forefront of revolutionizing payment processes in online retail.

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RocketFuel Blockchain (RKFL) announced a partnership with Italian Yachts to facilitate Bitcoin payments for luxury motor yachts, enhancing sales and customer outreach. Italian Yachts claims to be the first yacht company in Europe accepting Bitcoin, catering to a growing demand among affluent clients preferring digital currencies. RocketFuel's payment system boasts low fees, high security, and the ability to handle over 60 cryptocurrencies, along with a 'Price Settlement Guarantee' to protect against crypto volatility impacts on merchant revenues.

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RocketFuel Blockchain, a global payment solutions provider, announced a webinar for existing and prospective investors on September 8, 2021, at 2 pm PDT. CEO Peter Jensen will discuss the company's financial performance and strategic plans to disrupt the payments market by minimizing fees and chargebacks. RocketFuel aims to raise $15 million through an Initial Exchange Offering (IEO) for its upcoming crypto token, allowing customers to redeem tokens for various services. The webinar will also be available for replay on the company’s website.

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RocketFuel Blockchain (OTC: RKFL) announced plans to launch its own crypto token through an Initial Exchange Offering (IEO), aiming to raise $15 million. The token will be part of a loyalty program that incentivizes purchases using cryptocurrencies and grants access to services like airline upgrades and event tickets. RocketFuel targets issues like loyalty fraud, with a market projected to grow from $4 billion in 2020 to $14 billion by 2026. CEO Peter Jensen stated that the IEO funds will support the company’s growth and product development.

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RocketFuel Blockchain, a provider of online payment solutions using Bitcoin and cryptocurrencies, will present at the Benzinga Crypto Trading Festival from August 31 to September 1, 2021. The event will have a live webcast available on their website, which will also be archived for later viewing. RocketFuel, active since Q1 2021, recently launched a "Price Settlement Guarantee" feature, ensuring merchants receive deposits at listed prices, unaffected by crypto-to-fiat fluctuations.

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RocketFuel (OTC: RKFL) announced a revised agreement with a private investor for an equity investment of up to $2.25 million. This follows a previous investment of $1.5 million from the same investor. The updated terms include an increase in the warrant to 2,250,000 shares at a lower exercise price of $1.00 per share. The investor is committed to purchasing 100,000 restricted shares by August 20, 2021. CEO Peter Jensen emphasized that this capital will fuel growth, expand their sales and marketing team, and enhance their crypto payment solutions.

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RocketFuel (OTC: RKFL) announced its innovative payment solution for cannabis dispensaries, allowing them to accept transactions in Bitcoin and over 50 cryptocurrencies. This integration aims to resolve the banking challenges faced by the cannabis industry, providing a secure, efficient alternative to cash payments. Merchants can implement RocketFuel’s one-click payment interface, which promises low transaction fees and ease of use, thus opening new revenue channels. The service is compliant with FinCEN guidelines, addressing the regulatory landscape for cannabis payments.

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RocketFuel (OTC: RKFL) has secured a partnership with Banknote World, replacing Bitpay as its cryptocurrency payment provider. Following its launch on March 31, 2021, RocketFuel now offers a one-click payment solution allowing customers to transact using Bitcoin and over 50 other cryptocurrencies. This partnership aims to enhance the payment experience by reducing regional restrictions and fees, emphasizing security and customer privacy. RocketFuel's CEO highlighted the potential to revolutionize e-commerce by providing a faster and more secure payment mechanism.

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RocketFuel Blockchain (OTCQB: RKFL) announced its participation in the H.C. Wainwright virtual conference, focusing on Cryptocurrency, Blockchain, and Fintech. The presentation is set for April 27, 2021, at 7 AM ET. RocketFuel's innovative one-click checkout system enhances cash flow by significantly lowering card network, bank, and chargeback fees. The technology allows customers to purchase securely with over 50 cryptocurrencies without sharing sensitive data. Management will also conduct virtual one-on-one meetings on April 26 and 27 for interested parties.

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RocketFuel Blockchain, Inc. (OTC: RKFL) has launched a groundbreaking blockchain-based payment solution that allows for one-click cryptocurrency payments. This service supports 43 cryptocurrencies and direct bank transfers, aiming to streamline eCommerce transactions. RocketFuel's platform helps merchants reduce costs associated with payment intermediaries and improve cash flow. Notable early adopters include Sky-tours and BearTax, who have integrated this solution to meet the increasing demand for cryptocurrency payments, particularly in the evolving digital payment landscape.

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RocketFuel Blockchain (OTC: RKFL) has secured up to $2.3 million in equity financing from Triton Funds, comprising $1 million in common stock and a 5-year warrant for an additional $1.3 million. This funding will accelerate sales, marketing, and product development aimed at enhancing eCommerce payment solutions using cryptocurrencies. RocketFuel aims to improve shopping experiences while offering lower fees than traditional credit card systems. Total equity raised since September 2019 now stands at $2.4 million.

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FAQ

What is the current stock price of ROCKETFUEL BLOCKCHAIN (RKFL)?

The current stock price of ROCKETFUEL BLOCKCHAIN (RKFL) is $0.000001 as of December 23, 2024.

What is the market cap of ROCKETFUEL BLOCKCHAIN (RKFL)?

The market cap of ROCKETFUEL BLOCKCHAIN (RKFL) is approximately 39.2K.

When was RocketFuel Blockchain, Inc. founded?

RocketFuel Blockchain, Inc. was founded in 2018.

Where is RocketFuel Blockchain, Inc. headquartered?

RocketFuel Blockchain, Inc. is headquartered in Las Vegas, Nevada.

What is the core business of RocketFuel Blockchain, Inc.?

RocketFuel Blockchain, Inc. specializes in developing blockchain technology-based check-out systems for the e-commerce industry.

What sets RocketFuel Blockchain, Inc. apart in the market?

RocketFuel Blockchain, Inc. stands out for its innovative approach to revolutionizing payment processes in online retail.

How can I contact RocketFuel Blockchain, Inc. for more information?

For more information, you can reach out to RocketFuel Blockchain, Inc. at cfo@rocketfuel.inc.

What is RocketFuel Blockchain, Inc.'s focus area?

RocketFuel Blockchain, Inc. focuses on enhancing check-out systems using blockchain technology for e-commerce platforms.

Where can I find the latest news on RocketFuel Blockchain, Inc.?

Stay tuned for the most recent updates and news related to RocketFuel Blockchain, Inc. by visiting their official website or contacting press@rocketfuel.inc for media inquiries.

What is RocketFuel Blockchain, Inc.'s vision for the future?

RocketFuel Blockchain, Inc. aims to drive innovation and efficiency in online payment processing through its cutting-edge technologies.

How does RocketFuel Blockchain, Inc. contribute to the e-commerce industry?

By developing blockchain-based check-out systems, RocketFuel Blockchain, Inc. enhances security and transparency in online transactions, benefiting both businesses and consumers.

Who can benefit from RocketFuel Blockchain, Inc.'s solutions?

Businesses operating in the e-commerce sector seeking secure, efficient, and reliable payment solutions can benefit from RocketFuel Blockchain, Inc.'s innovative technologies.

ROCKETFUEL BLOCKCHAIN INC

OTC:RKFL

RKFL Rankings

RKFL Stock Data

39.16k
25.88M
27.3%
Software - Infrastructure
Technology
Link
United States of America
San Francisco