what's Distributed Technologies Research Ltd. (DTR)?
DTR is a B2B infrastructure platform providing white-label APIs for integrating stablecoin and fiat payments globally. It enables programmable payments and stablecoin settlement, with a focus on seamless cross-border transactions backed by reserves like US Treasury bills. The platform powers the Alloy stablecoin, designed for stability and utility in payment rails. By leveraging distributed ledger technology, DTR facilitates secure, efficient transfers without traditional intermediaries, targeting financial institutions and enterprises entering the crypto payments ecosystem.
Distributed Technologies Research acquired by Bakkt for $168M to expand stablecoin payment infrastructure.
Integrated with Oobit to enable wallet-to-bank transfers using DTR's routing infrastructure, connecting crypto rails to traditional banking networks including SEPA, ACH, and SPEI payment systems.
Acquired by Bakkt in a $168 million stock deal to expand stablecoin payment infrastructure. Bakkt's CEO also founded DTR.