Defi Solutions & Services $(DSS)$ Acquires Blockpliance Infrastructure to Accelerate Banking's Integration with Real-Time Stablecoins and Other Digital Assets
PR Newswire
MEMPHIS, Tenn., Feb. 25, 2025
MEMPHIS, Tenn., Feb. 25, 2025 /PRNewswire/ -- Defi Solutions & Services (DSS) is pleased to announce the acquisition of Blockpliance's advanced AI-driven blockchain intelligence infrastructure and node management technology. This move accelerates DSS's overarching goal to serve traditional financial institutions with the rapidly evolving Web3 ecosystem--primarily through its flagship product, LedgerLink.
By integrating Blockpliance's compliance risk analytics into LedgerLink, DSS will equip banks and financial institutions with enhanced analysis of real-time stablecoin and digital asset settlement data, bridging a critical infrastructure gap between legacy banking systems and blockchain-based finance.
"As the financial industry increasingly interacts with blockchain-based assets, banks face significant technical hurdles in handling real-time transactions, tokenized assets, and stablecoin integration," said Guillermo Fernandes, Blockpliance's co-founder and CEO. "This acquisition by DSS--and the integration of our technology into LedgerLink--provides banks with tools they need to navigate the future of digital finance. Blockpliance has screened over two billion transactions in seven countries."
As part of the transaction, Dr. Don Patterson, Blockpliance's co-founder and former CTO, will join DSS to drive AI and analytics strategy, overseeing the integration of Blockpliance's cutting-edge risk modeling technology into LedgerLink's digital asset platform.
"With this acquisition, DSS leapfrogs years of development and establishes itself as a leader in financial-grade digital asset solutions," said Greg Sossaman, CEO of DSS. "Blockpliance's infrastructure is both elegant and meticulous. It adds new capabilities to LedgerLink, enabling our firm to deliver secure, scalable, and compliant blockchain services to traditional finance--well ahead of industry trends."
Blockpliance's AI-enabled technology stack, designed for large-scale blockchain analysis and risk management, will strengthen LedgerLink's ability to deliver seamless, real-time digital asset solutions that integrate directly with existing banking infrastructure.
"We're thrilled to welcome Don, who brings extensive experience from Blockpliance in delivering AI solutions at scale, to DSS," added Greg Sossaman. "Together, we're redefining the intersection of blockchain and traditional finance, enabling banks to operate with the speed, security, and intelligence required for the next generation of digital assets."
For more information, please visit https://ledgerlink.ai
CONTACT: Don Patterson, djp3@ledgerlink.ai
View original content:https://www.prnewswire.com/news-releases/defi-solutions--services-dss-acquires-blockpliance-infrastructure-to-accelerate-bankings-integration-with-real-time-stablecoins-and-other-digital-assets-302385167.html
SOURCE LedgerLink.AI
(END) Dow Jones Newswires
February 25, 2025 15:49 ET (20:49 GMT)
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