Rezolve AI (NASDAQ: RZLV), a technology firm with a market capitalization of approximately $1.88 billion, has announced the acquisition of Subsquid, a decentralized blockchain data platform. The move is viewed as a strategic step toward enhancing its blockchain infrastructure and expanding its digital commerce capabilities. The announcement was made through a press release issued on Thursday.
The acquisition brings together three fast-growing areas of technology—artificial intelligence, decentralized data infrastructure, and digital asset payments—into one cohesive platform. Subsquid currently operates over 2,500 active nodes and manages more than 2.1 petabytes of blockchain data, processing in excess of 5 million queries each day. Despite strong revenue growth of over 300% in the past twelve months, financial data indicates that Rezolve AI’s short-term liabilities outweigh its liquid assets, reflected in a current ratio of 0.24.
Expanding the Blockchain and AI Ecosystem
Subsquid’s technology is designed to make blockchain data easily searchable and accessible at scale. The platform supports more than 150 blockchain projects and services several major clients, including decentralized exchange PancakeSwap. The infrastructure supports protocols that collectively account for over $15 billion in total value locked (TVL).
According to the company, the integration of Subsquid’s data engine with Rezolve AI’s existing digital commerce and analytics capabilities will enable a new layer of real-time blockchain intelligence. Benchmark tests revealed that Subsquid’s indexing engine performs more than 2,000 times faster in disaster recovery and twice as fast in real-time indexing compared to competitors such as The Graph, while maintaining similar query responsiveness.
Rezolve AI’s Founder and CEO, Daniel M. Wagner, conveyed that the acquisition aligns with the company’s mission to create a fully integrated system for data, intelligence, and payments within a single network. He noted that combining Smartpay’s digital payment technology with Subsquid’s decentralized infrastructure provides the foundational elements needed for what Rezolve terms “autonomous commerce.”
Rezolve Ai is proud to announce our acquisition of SQD (Subsquid), a decentralized blockchain data platform whose token, currently trading as SQD on major exchanges including Coinbase, Binance, and https://t.co/Fyjr40I0t0, will be rebranded in due course following regulatory and… pic.twitter.com/SL5UBbNcwa
— Rezolve Ai (@RezolveAi) October 9, 2025
Building a Unified Commerce Infrastructure
The company plans to rebrand the SQD utility token following necessary regulatory and exchange approvals. The SQD token currently trades on several major exchanges including Coinbase, Binance, and Crypto.com. Rezolve has indicated its intention to acquire SQD tokens equivalent to at least 1% of its annual revenues, depending on market conditions and legal guidelines.
The acquisition is expected to strengthen Rezolve’s Brain Suite architecture—a proprietary platform designed to integrate real-time blockchain data for enhanced transaction and prediction intelligence. This system aims to provide analytical insights across retail and financial sectors, improving decision-making and risk assessment for businesses using the network.
Although Rezolve AI reported a negative EBITDA of approximately $159.44 million over the past twelve months, analysts remain optimistic due to the company’s robust revenue trajectory. Forecasts suggest revenue growth could exceed 200% in the current fiscal year, driven by its expansion into blockchain and AI-driven commerce solutions.
Recent Growth and Analyst Confidence
The acquisition follows Rezolve AI’s earlier purchase of Smartpay, a Brazilian digital asset payments firm that processed over 19 million transactions worth more than $1 billion during the twelve months ending September 2025. This acquisition supports Rezolve’s collaboration with Tether to build a merchant-fee-free payment network that facilitates transactions using assets such as USDT, BTC, and ETH.
Rezolve’s financial results for the first half of 2025 exceeded revenue and adjusted EBITDA expectations, with annual recurring revenue rising from $70 million in June to $90 million in September. The company has set an ambitious target of reaching $150 million in ARR by the end of 2025.
Following these milestones, several equity research firms—including Maxim Group, H.C. Wainwright, Roth Capital, and AGP/Alliance Global—raised their price targets for Rezolve AI. Analysts cited the company’s strong acquisitions, technological integration strategy, and accelerating financial performance as key drivers of its growth outlook.