London based decentralized digital asset management infrastructure company raised $11m in Seed funding from G1 , Gumi Cryptos, Maven 11, Spartan Group, 1kx, and Kenetic.
“The next generation of DeFi players will be institutions that actively look for ways to enter the crypto market in a secure and compliant manner without sacrificing their ability to respond to economic opportunities,” said Anthony Foy, CEO of Qredo. “We are excited to see Qredo bring better speed, security and compliance into DeFi and provide a new way for institutions to interact with crypto on terms they are familiar with,” said Alex Mashinsky, investor and CEO of Celsius Network.