Qredo
London · Incorporated in United Kingdom · 7 known investors
Zenrock (Qredo) operates zrChain, a Layer 1 blockchain built for institutional digital asset custody, and its Decentralized Custody Token (DCT) standard that lets users port tokens across chains using distributed multi-party computation. Its offerings target institutions and DeFi users, including zenBTC, a wrapped Bitcoin on Solana that earns yield from protocol fees.
Founders & leadership
BA
Brad Anthony FoyFounder
SM
Stan MiroshnikNamed on SEC filing
DP
Duncan Payne-ShelleyNamed on SEC filing
BS
Brian SpectorNamed on SEC filing
Investors · 7
Competitors · 7
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Reported raises · per SEC filings
Form D private placements$47M disclosed across 1 round · 2022
▶$47MraisedFeb 2022 · 5 investors · Other TechnologyRule 506(b)
▶$47MraisedFeb 2022 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Brad Anthony FoyExecutive Officer, Director
- Stan MiroshnikDirector
- Duncan Payne-ShelleyExecutive Officer
- Brian SpectorExecutive Officer, Director
- Offering amount
- $50M
- Amount sold
- $47M
- Sales commissions
- $4.8M
- Placement agents
- Galaxy Digital Partners LLC
- First sale
- Feb 2022
- Incorporated
- Other, United Kingdom
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Qredo do?
- Zenrock (Qredo) operates zrChain, a Layer 1 blockchain built for institutional digital asset custody, and its Decentralized Custody Token (DCT) standard that lets users port tokens across chains using distributed multi-party computation. Its offerings target institutions and DeFi users, including zenBTC, a wrapped Bitcoin on Solana that earns yield from protocol fees.
- Who founded Qredo?
- Qredo was founded by Brad Anthony Foy.
- Who are Qredo's investors?
- Qredo's investors include Coinbase Ventures, Danu Ventures, Figment, RSE Ventures, Wintermute, Yellow Capital, gumi Cryptos Capital (gCC).
- How much funding has Qredo raised?
- Qredo has disclosed $47M raised across 1 round.
- Where is Qredo headquartered?
- Qredo is headquartered in London.