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Qredo Raises $11 Million In Seed Funding To Launch Decentralized Digital Asset Management Infrastructure To Unlock New Opportunities Across Defi

Qredo Raises $11 Million In Seed Funding To Launch Decentralized Digital Asset Management Infrastructure To Unlock New Opportunities Across Defi

05/05/21, 3:26 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svglondon
Money raised
$11 million
Round Type
seed
Qredo, a decentralized digital asset management infrastructure and product suite, announces an $11 million seed round led by a diverse group of investors including G1 , Gumi Cryptos, Maven 11, Spartan Group, 1kx and Kenetic.

Company Info

Company
Qredo
Location
london, ontario, canada
Additional Info
Qredo is a digital asset management infrastructure and product suite designed to unlock new opportunities for institutional investors in cryptocurrencies and decentralized finance. Qredo includes a novel Layer 2 blockchain protocol that enables users to seamlessly transfer and settle Bitcoin, Ethereum and other leading cryptocurrencies. Qredo’s advanced Gen 2.0 Multi-Party Computation (MPC) provides tier-1 bank security and eliminates the anxiety of private key management. Qredo’s network is designed to enable institutional investors to secure, settle, and access digital liquidity pools and participate in new innovations across DeFi. Follow Qredo on LinkedIn and Twitter.