Meet the team
The Qredo team comprises more than 200 members across dozens of different countries, all galvanized by one mission
The Qredo Story
Qredo Founded
Co-founders Anthony Foy and Brian Spector acquire Qredo shell.
Pre Seed
Qredo closed $2.9 million pre-seed funding round.
First MVP
On-chain custody app MVP launched.
Apache Milagro
Patents committed to Apache Milagro incubation project.
Testnet v1.0
Launched consensus-driven MPC network v1.0 Testnet.
Initial Seed Round investment: Gumi Crypto Capital, G1 Capital & Maven 11.
Mainnet v1.0
Launched Mainnet with BTC support with distributed custody and instant transfers.
Ethereum Support
Instant native swaps BTC<>ETH.
$11M seed round closed
Key strategic investors: Deribit, Wintermute, GSR, CMS Holdings. Launched support for USDT and USDC, corporate accounts with multi-user controls.
First Partner Launches with Qredo
HedgeGuard integrates with Qredo. MVP Released for Liquidity Hub and Trader Chat. Instant Support for top 13 ERC-20 tokens.
Token Launch
QRDO token launches to 32K new holders and QRDO token listed on exchanges.
El Salvador
Qredo delivers DeFi to institution for Banco Hipotecario.
Deribit
Qredo signs Deribit for self-custodial infrastructure.
Raised $80M Series A
A Raise Led by 10T Holdings, with Strategic Investment from Coinbase Ventures and Avalanche.
200 Employees Globally
Xena Exchange
Qredo’s trailblazing acquisition of Xena Exchange's technology and team.
Web3 Wallets
Qredo release WalletConnect integration and programmatic access to DeFi.
The Qredo executive team possesses a wide range of expertise
Duncan Payne-Shelley
CEO
Driven, energetic and motivated, highly commercial CEO responsible for leadership, delivering strategy and driving performance.
Jason Losh
CTO
Jason Losh is a distinguished technology leader serving as the Chief Technology Officer at Qredo, where his expertise in blockchain and cryptocurrency technologies is pivotal. His tenure at Bitso, a leading cryptocurrency exchange, further cemented his reputation in the crypto space. Jason's leadership at Qredo involves driving innovation in digital asset management and security, leveraging his deep understanding of distributed ledger technologies.
we're on the pathway to Decentralization
As the core components of the network become decentralized
Qredo aims to open source all products; releasing all code libraries, making roadmaps public, and empowering independent developers with all the resources needed to create innovative applications.
Qredo is following a playbook of progressive decentralization, in which the team gradually relinquishes control until the network protocol is completely owned and operated by a community of users.
In the first stage of Qredo's evolution, network nodes are globally distributed and controlled by the company, Qredo Ltd.
Selected partners take over in the second stage as the network becomes federated, before the final stage of full decentralization enables anyone to permissionlessly run a Qredo node and participate in governance.