Rezolve AI announces acquisition of Subsquid

Rezolve Ai (RZLV) announced the acquisition of SQD, a decentralized blockchain data platform whose token, currently trading as SQD on major exchanges including Coinbase, Binance, and Crypto.com, will be rebranded in due course following regulatory and exchange approvals and will be acquired annually into a Rezolve Ai treasury. The acquisition will unite blockchain data science, decentralized data lakes, and digital-asset payment rails into a single intelligent commerce infrastructure. Subsquid operates at remarkable scale with over 2,500 active nodes, making it one of the largest decentralized data networks in the world. The platform manages more than 2.1 petabytes of blockchain data, handles over 5 million daily queries, and supports over a 150 blockchain projects and clients. Subsquid’s network underpins applications across DeFi, analytics, and AI innovation, serving top-tier players including PancakeSwap and more so, and a strategic partnership with Deutsche Telekom. Protocols with over USD15 billion in combined Total Value Locked rely on Subsquid’s infrastructure, further underscoring its critical role in the Web3 data ecosystem. This acquisition builds on Rezolve’s recent acquisition of Smartpay, the Brazil-based digital-asset payments company led by Rocelo Lopes, a long-time collaborator of Tether and one of Latin America’s foremost digital asset innovators. Together, Smartpay and Subsquid advance Rezolve’s strategy to connect AI, digital-asset payments, and on-chain data infrastructure enabling intelligent, real-time, agentic commerce. Rezolve believes this acquisition marks one of the first major bridges between traditional finance and decentralized data networks, a step toward uniting enterprise-grade AI commerce with the transparency and efficiency of Web3. It demonstrates how enterprise-grade AI and proven commercial scale can combine with the transparency and innovation of decentralized technologies.