Rocketfuel Blockchain, INC.: insider trades · United States · SEC (Form 4)

About Rocketfuel Blockchain, INC.

RocketFuel Blockchain, Inc. (ticker RKFL) is a U.S.-based technology company. It is not currently listed on NYSE or NASDAQ; based on the SEC filings available, the shares have been quoted on the OTC market. The company is incorporated in Nevada, was formed in January 2018, and emerged through a reverse-merger-style transaction in 2018. Its principal offices have been reported over time in Las Vegas, Nevada and later San Francisco, California, reflecting changes in its operating footprint in the United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/823546/000155624419000072/rkfl-20190331.htm?utm_source=openai)) RocketFuel’s core business is blockchain-enabled payments infrastructure. The company provides merchants and businesses with tools to accept and send payments in cryptocurrencies and through traditional bank rails, including ACH. Its main offering is a blockchain-based checkout system designed for e-commerce, complemented by a payouts solution for paying vendors and service providers, plus cross-border payment functionality using stablecoins. More recently, the company has highlighted product initiatives around mass payouts, blockchain-based gift cards and NFTs, and in 2025 it announced a crypto invoicing solution aimed at faster settlement. ([sec.gov](https://www.sec.gov/Archives/edgar/data/823546/000149315223029497/form10-k.htm)) From a business-history perspective, RocketFuel started with a narrow vision: a faster, more secure blockchain checkout for online shopping. Over time, the platform broadened into a payments and treasury-oriented stack that targets e-commerce merchants, gig-economy workflows, and cross-border business transfers. SEC filings also show international subsidiaries in Denmark and the British Virgin Islands, indicating that the company has sought an operational presence beyond the U.S. to support cross-border use cases. ([sec.gov](https://www.sec.gov/Archives/edgar/data/823546/000149315223029497/form10-k.htm)) Competitively, RKFL operates in a crowded and highly fragmented landscape that overlaps fintech, crypto payments, and digital commerce infrastructure. Its strategic niche is not scale leadership but specialization: bridging crypto payments with conventional banking rails, and offering merchants a simplified checkout and payout experience. For investors, that niche can be attractive if adoption grows, but it also means the company faces significant execution risk, regulatory sensitivity, and intense competition from larger payments and fintech platforms. ([sec.gov](https://www.sec.gov/Archives/edgar/data/823546/000149315223029497/form10-k.htm)) The most important recent development is the March 13, 2026 non-binding term sheet under which RocketFuel proposed to sell selected operating assets. Under the proposed structure, RPay, Inc. would acquire the payments business and RPoints, Inc. would acquire the loyalty and rewards business, while RocketFuel would retain its corporate shell, cash reserves, and equity warrants in the buyers. This is a potentially material strategic reset and suggests the company may be repositioning its portfolio rather than continuing as a fully integrated operating fintech platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/823546/000149315226010674/form8-k.htm))