Announced
Completed
Financials
Sources
Tags
blockchain
Private Equity
cryptocurrency
Minority
Payments / Commerce
fintech
Private
Cross Border
Completed
Venture Capital
Single Bidder
United Kingdom
Acquisition
Friendly
Synopsis
10T Holdings, a growth equity fund that invests in private companies operating in the digital asset ecosystem, led a $80m Series A round in Qredo, a crypto infrastructure firm focused on decentralized custody, settlement and cross-chain swaps, with participation from Coinbase Ventures, Avalanche, Terra, Kingsway Capital, HOF Capital, Raptor Group and GoldenTree. “The fact we’ve won support from some of the biggest and smartest investors in crypto is a clear validation of Qredo’s long-term focus and mission. The Qredo solution provides institutions with a secure, cost-efficient, and compliant way to engage fully with digital assets and DeFi. We’re now in an excellent position to seize opportunities, take market share, and demonstrate the powerful value of decentralized custody,” Anthony Foy, Qredo CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.