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,…

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