PANews reported on October 8th that Smartpay, a fintech infrastructure company supporting stablecoin payments, has been acquired by Rezolve AI, a publicly listed commerce platform. The acquisition was announced on Tuesday, but financial terms were not disclosed. Rezolve stated that the move will strengthen its digital asset payment initiatives, which it is collaborating with Tether, the issuer of the USDT stablecoin. The acquisition supports Rezolve's plans to build a blockchain-based payment network that allows consumers to pay with digital assets while maintaining instant fiat currency transactions for merchants.PANews reported on October 8th that Smartpay, a fintech infrastructure company supporting stablecoin payments, has been acquired by Rezolve AI, a publicly listed commerce platform. The acquisition was announced on Tuesday, but financial terms were not disclosed. Rezolve stated that the move will strengthen its digital asset payment initiatives, which it is collaborating with Tether, the issuer of the USDT stablecoin. The acquisition supports Rezolve's plans to build a blockchain-based payment network that allows consumers to pay with digital assets while maintaining instant fiat currency transactions for merchants.
Rezolve AI Acquires Smartpay to Strengthen Digital Asset Payment Initiatives with Tether
PANews reported on October 8th that Smartpay, a fintech infrastructure company supporting stablecoin payments, has been acquired by Rezolve AI, a publicly listed commerce platform. The acquisition was announced on Tuesday, but financial terms were not disclosed. Rezolve stated that the move will strengthen its digital asset payment initiatives, which it is collaborating with Tether, the issuer of the USDT stablecoin. The acquisition supports Rezolve's plans to build a blockchain-based payment network that allows consumers to pay with digital assets while maintaining instant fiat currency transactions for merchants.
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