4 years ago

Qredo Secures $80 Million Series A Funding Led by 10T Holdings

  • Qredo, a London, UK-based developer of a decentralized Layer 2 infrastructure for the custody and settlement of digital assets, raised $80 million in Series A funding led by 10T Holdings

  • The round included participation from Coinbase Ventures, Avalanche, Terra, Kingsway Capital, HOF Capital, Raptor Group, and GoldenTree Asset Management

  • Qredo plans to use the funds for future acquisitions, further development of functionality for retail users, and geographic expansion

  • The company’s digital asset management infrastructure and product suite enables institutional investors to secure, settle, and access digital liquidity pools and participate in new innovations across DeFi.

    • ProblemTechnology Infrastructure

      "Institutional investors are unable to easily and securely access digital assets, making it difficult to participate in DeFi innovations."

      Solution

      "Qredo offers a decentralized Layer 2 infrastructure that allows for secure custody and settlement of digital assets, providing institutional investors with access to digital liquidity pools and DeFi applications."

      Covered on