Qredo Announces An $80Mm Series A Raise Led By 10T Holdings, With Strategic Investment From Coinbase, Avalanche And Terra
Qredo Announces An $80Mm Series A Raise Led By 10T Holdings, With Strategic Investment From Coinbase, Avalanche And Terra
02/04/22, 4:45 PM
Location
londonMoney raised
$80 million
Round Type
series a
Qredo, the decentralized Layer 2 infrastructure for the custody and settlement of digital assets, today announced the close of one of the largest Series A rounds completed to date in crypto and blockchain-related markets.
Company Info
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.