Qredo, A Cryptocurrency Firm, Has Raised $80 million From 10T Holdings

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Qredo, a startup, has raised $80 million in a Series A round of funding. It was led by Dan Tapiero's management firm, 10T Holdings.

Coinbase Ventures, Avalanche and Terra, Kingsway Capital, HOF Capital, Raptor Group, and GoldenTree Asset Management were among the investors in the round.

The company is now valued at $460 million. According to the team, they have raised $120 million over the past 12 months, including from strategic investors.

Qredo, according to the news announcement, offers a digital asset management infrastructure as well as products “to unlock new opportunities for institutional investors in cryptocurrencies and decentralized finance.”

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