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Accredited Solutions Announces Strategic Blockchain Acquisition to Advance Fintech Capabilities

March 12th, 2025 12:00 PM
By: HRmarketer Editorial

Accredited Solutions plans to acquire ItsBChain LLC, a blockchain technology subsidiary, to enhance its digital payment and fintech offerings by leveraging blockchain innovations in telecommunications and financial services.

Accredited Solutions Announces Strategic Blockchain Acquisition to Advance Fintech Capabilities

Accredited Solutions, Inc. (OTC: ASII) is positioning itself to become a more competitive player in the fintech and digital payments landscape through a strategic acquisition of ItsBChain LLC, a blockchain-focused technology company. The planned acquisition represents a significant move to integrate advanced blockchain technologies into the company's existing financial service ecosystem.

The proposed purchase of ItsBChain aims to accelerate Accredited Solutions' digital transformation strategy, with company leadership believing the integration will provide substantial competitive advantages. CEO Eduardo Brito emphasized that blockchain technology represents the future of payments, and the company intends to be at the forefront of this technological revolution.

Key strategic benefits of the acquisition include potentially reducing time-to-market for new financial products by approximately 70%, enhancing transaction security, and creating new revenue streams. The blockchain platform's capabilities are expected to improve operational efficiencies, reduce fraud, and provide more transparent transaction processes across digital payment systems.

The acquisition specifically targets synergies between ItsBChain's telecommunications blockchain expertise and Accredited Solutions' existing e-gift card and prepaid financial services portfolio. By combining these technologies, the company anticipates developing more robust, secure, and scalable fintech solutions, particularly in business-to-business market segments.

Industry analysts suggest this move reflects a growing trend of financial technology companies seeking to incorporate blockchain technologies to improve transaction security and operational efficiency. The strategic acquisition demonstrates Accredited Solutions' commitment to innovation and its proactive approach to technological advancement in the digital finance sector.

The definitive purchase agreement for ItsBChain is expected to be finalized by July 1, 2025, marking a significant milestone in Accredited Solutions' expansion strategy. The company remains focused on exploring opportunities that can maximize shareholder value through strategic investments, partnerships, and technological integrations.

Source Statement

This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,

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