What Distributed Technologies Research does

Distributed Technologies Research (DTR), founded in 2024 and headquartered in Zug, Switzerland, is a B2B payments-infrastructure provider that enables businesses to integrate stablecoin and fiat payment capabilities across 40+ countries. Its core product, AmalgamOS, is an operating system that unifies traditional fiat financial systems with blockchain technologies, encompassing self-custody wallet creation with linked IBANs, a KYC/AML compliance engine, and a proprietary Routing and Pricing Engine that selects optimal payment rails per transaction. This platform is delivered over the International Orchestration Network (ION), a global payment network supporting both fiat and stablecoins, including USDC, USDT, EURc, and agEUR across major blockchains such as Ethereum and Solana (chain-agnostic). DTR generates revenue through transaction fees on stablecoin and fiat transfers processed through its platform and through licensing of white-label APIs, with volume-based pricing tiers ranging from under $10k to over $750k in monthly transaction value. DTR distributes primarily through API-first integration (white-label API, widget, and custom solutions) with deployment claimed within one week, targeting verticals including technology/SaaS, e-commerce, fintech, global enterprises, freelancers/remote teams, non-profits, and healthcare, though it explicitly excludes the United States and Canada from its geographic footprint. The company's operating entity is UAB Unblock LT in Lithuania, registered with the Financial Crime Investigation Service (FNTT) for fiat-to-crypto, crypto-to-fiat, crypto-to-crypto, and custody services, with a related Cyprus entity (EPMAP Limited, formerly MAPePay) operating under Central Bank of Cyprus Electronic Money authorization. DTR was acquired by Bakkt Holdings Inc. on April 30, 2026, in an all-stock transaction valued at over $178 million, with its CEO Akshay Naheta positioned to lead Bakkt post-closing and the company's AI-native engine and compliance stack being integrated into Bakkt's regulated institutional infrastructure under a three-pronged Markets/Agent/Global strategy targeting the over $44 trillion cross-border payments market.

Name

Distributed Technologies Research

Legal name

UAB Unblock LT

Website

https://dtr.org

Company type

Private

Founded year

2024

Operating status

Acquired

Headcount range

11–50 employees

Short description

DTR (Distributed Technologies Research) is a B2B payments-infrastructure provider offering white-label APIs and its AmalgamOS platform to enable stablecoin and fiat cross-border transactions across 40+ countries; the company was acquired by Bakkt Holdings in April 2026 and now operates as a wholly-owned subsidiary integrated into Bakkt's institutional digital-settlement strategy.

Ownership category

akta.pro rank

Product category

Cross-Border Payments Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Cross-Border & FX Payments Platforms (BPAMAFAK)

akta.pro secondary industries

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), Payment Gateways & Orchestration (BPAMAFAA)

Keywords

• Stablecoin payment infrastructure
• Cross-border payments API
• Fiat-crypto integration
• Agentic payments platform
• Payment orchestration network

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. API Transaction Fees: Revenue generated from transaction fees on stablecoin and fiat transfers processed through the platform
2. White-label API Licensing: Revenue from licensing white-label APIs and custom solutions to businesses for rapid deployment of stablecoin payment capabilities

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

DTR provides a payments infrastructure platform, centered on AmalgamOS, that enables businesses to integrate stablecoin and fiat payment capabilities for cross-border transactions. The platform combines self-custody wallet creation, a KYC/AML compliance engine, a routing and pricing engine, and the International Orchestration Network (ION) to support global payments in over 40 countries. Access is delivered via the Unblock Payments API and white-label APIs for businesses needing global payroll, treasury, merchant payments, and cross-border settlement.

Product overview

DTR (Distributed Technologies Research) offers a next-generation payments platform designed to simplify global financial transactions through blockchain technology. The core platform is AmalgamOS, which unites fiat financial systems with blockchain technologies, supported by the International Orchestration Network (ION) that enables transactions in over 40 countries. The company provides the Unblock Payments API for developer integration, along with white-label APIs and custom solutions. The platform specializes in stablecoin infrastructure, supporting USDC, USDT, EURc, and other stablecoins, with key use cases including global payroll, treasury management, merchant payments, and cross-border transactions.

Differentiator

Problem solved

Functional benefit

Products and services

• AmalgamOS An operating system for businesses that unites fiat financial systems with blockchain technologies, providing self-custody wallet creation with linked IBANs, KYC/AML compliance, intelligent routing and pricing, and robust security to enable stablecoin and fiat cross-border payments.
• International Orchestration Network (ION) A global payment network that optimizes and routes payments through AmalgamOS to enable seamless transactions between customers, suppliers, contractors, and employees across more than 40 countries, supporting both fiat and stablecoins.
• Unblock Payments API A public API that enables developers to integrate stablecoin and fiat payment capabilities, supporting global reach, blockchain-based fast settlements, multiple stablecoins (USDC, USDT, EURc, agEUR), and white-label options for businesses of any size.

Quantifiable outcome

• Transactions processed in minutes instead of days compared to traditional banking
• +2 more outcomes

Named customers2 records

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature7 records

Partnerships

One partnership is on record.

• BakktcoreStrategic or Co-development Partner · 30 April 2026Bakkt completed acquisition of DTR on April 30, 2026, issuing 11,316,775 shares of Class A Common Stock to DTR beneficial holders. The deal integrates DTR's AI-native engine and compliance stack with Bakkt's regulated institutional infrastructure to create a 24/7 digital settlement layer using stablecoins, targeting the $44 trillion cross-border payments market.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• BVNK: BVNK is a stablecoin-first B2B payments infrastructure provider offering fiat and stablecoin cross-border settlement across multiple corridors—the closest like-for-like competitor to DTR's AmalgamOS, serving fintechs and platforms with API-based global payments.
• Circle Internet Group: Circle is the issuer of USDC and developer of on-chain payment infrastructure, including cross-border settlement APIs. Directly comparable because DTR is built around USDC and other stablecoins as the core payment primitive with similar API-first delivery.
• Fireblocks: Fireblocks provides digital asset custody, transfer, and payments infrastructure for institutions, including stablecoin payment orchestration. Comparable to DTR's regulated, API-based stablecoin settlement stack targeting fintechs and enterprises.
• Yellow Card: Yellow Card provides stablecoin-based cross-border payments and on/off-ramps, primarily across Africa, with comparable B2B payments infrastructure and fiat-to-stablecoin conversion to DTR.
• Alchemy Pay: Alchemy Pay offers a crypto payment gateway supporting fiat-to-crypto and crypto-to-fiat transactions across global networks—directly comparable to DTR's crypto-to-bank transfer and stablecoin payment capabilities.
• MoonPay: MoonPay provides fiat on/off-ramp and stablecoin payments infrastructure for businesses and consumers, with comparable API-based global payment flows and multi-stablecoin support to DTR's Unblock Payments API.
• Transak: Transak is a global fiat-to-crypto on-ramp and payment infrastructure provider serving Web3 businesses, with overlapping API-based fiat/crypto payment orchestration similar to DTR's value proposition.

Broad incumbents

• Ripple Labs: Ripple operates RippleNet for cross-border payments and has launched its own RLUSD stablecoin, overlapping with DTR's cross-border settlement focus but at much larger scale and broader product portfolio.
• Stripe (Bridge): Stripe acquired Bridge to add stablecoin payment rails to its global payment platform, broadly competing in the same API-based, cross-border settlement space as DTR but with massive existing merchant distribution.
• Nuvei: Nuvei is a global payment processor that has added cryptocurrency and stablecoin payment support to its broad portfolio, competing with DTR on enterprise cross-border settlement but offering much wider acquiring and processing services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/distributed-technologies-research

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Distributed Technologies Research