No. Assassin's Creed: Bloodlines (2009, PSP) is a single-player only action-adventure game. It has no local (ad-hoc) or online (infrastructure) multiplayer modes.
Assassin's Creed: Brotherhood (2010) introduced the signature multiplayer (Wanted, Alliance, Manhunt) on PS3/Xbox 360/PC. PSP never received a multiplayer AC title.