Rezolve Ai Acquires Subsquid for Blockchain Data Integration

Rezolve Ai, a publicly listed AI business solutions provider, announced the acquisition of Subsquid (SQD) on October 9th, integrating decentralized blockchain data infrastructure.

The integration may influence the DeFi ecosystem, reflecting a growing trend of AI and blockchain convergence, potentially affecting SQD’s positioning on major exchanges.

Rezolve Acquires Subsquid to Bolster AI-Commerce Integration

Rezolve Ai, a publicly listed company specializing in AI-driven solutions, has acquired Subsquid, a decentralized blockchain data platform. The acquisition includes managing over 2,500 active nodes and over 2.1 petabytes of blockchain data. Rezolve Ai’s strategy is set to integrate blockchain data science with its AI-enabled infrastructure.

Subsquid’s rebranding and annual token repurchase by Rezolve Ai’s treasury are expected following regulatory and exchange approvals. This move will influence the SQD token listed on major exchanges like Coinbase, Binance, and Crypto.com. The plan aligns with advancing blockchain technology in digital asset payments.

“The convergence of AI and blockchain signifies a transformative era for digital transactions,” notes the Coincu research team.

No direct comments from leaders or influencers have been noted, leaving the broader market to assess the acquisition’s potential. Nonetheless, the action signifies growing interest in blockchain integration with AI technologies.

Subsquid’s Market Dynamics and the Future of SQD Tokens

Did you know? The acquisition aligns with a broader trend of integrating decentralized tech into traditional finance, illustrating an ongoing relationship between blockchain development and AI innovation.

Subsquid (SQD) is currently valued at $0.22, with a market cap of $0.19 billion and a fully diluted market cap at $0.30 billion. It exhibits a 24-hour trading volume of $110.46 million, reflecting increased interest. Over the past 30 days, SQD’s price surged 181.61%, indicative of market optimism. Data courtesy: CoinMarketCap.

The Coincu research team notes that the acquisition could lead to new financial models involving blockchain data. If successful, the integration may alter traditional financial markets and technology landscapes, highlighting a shift toward data-driven AI commerce solutions.