Coinbase Ventures took part in a series A round for the cryptocurrency custody and settlement technology developer as efforts to overcome bottlenecks within blockchain networks intensify.

Qredo, a UK-based provider of decentralised digital asset management technology, completed an $80m series A round featuring cryptocurrency exchange Coinbase and blockchain technology developers Terraform Labs and Ava Labs on Friday.

10T Holdings led the round at a $460m valuation and was also joined by Kingsway Capital, Raptor Group, GoldenTree Asset Management and HOF Capital, GMF Capital, Rovida Kruptos Assets, Tokentus Investment, Vectr Fintech, Raptor Group and Kestrel 0x1.

Nural Capital First Light, Liberty City Ventures and Alumni Ventures Blockchain…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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