Qredo Services Limited

Founded in 2018 by Anthony Foy and Brian Spector and based in Tortola, British Virgin Islands, Qredo Services Limited operates as a developer of IT infrastructure that offers a decentralized digital asset custody model that helps prevent private key theft and ensure security for digital assets held in custody. In February 2024, Fusion Labs acquired Qredo Services Limited from 10T, Kingsway Capital, Coinbase Ventures, Ava Labs, Terraform Labs, GoldenTree Asset Management, HOF Capital, GMF Capital, Rovida Kruptos Assets Limited, Vectr Fintech, Kestrel 0x1, Nural Capital First Light (US) LP, Raptor Group, Alumni Ventures Blockchain Fund, Liberty City Ventures, SVK Crypto, Kenetic Capital, and Tokentus Investment AG. As of 2024, the company is led by its CEO, Duncan Payne-Shelley. The company offers a platform with tools including multi-party computation (MPC), a method of encryption that works with a threshold signature scheme (TSS) to help decentralize private keys.

The firm's platform offers a range of products for both individuals and institutions, such as vaults that help secure digital asset storage with multi-layered security features and governance, which offers tools for managing rules and permissions for digital asset investments. Qredo also offers Web3 wallets, which focus on integration with Web3 wallets like MetaMask and WalletConnect, enabling access to dApps while maintaining custody through Qredo's dMPC technology; ClearVault, a solution for facilitating trading directly from self-custody; and a Web3 API, which supplies developers with a set of tools to incorporate Qredo's features into their own applications. The company’s partners include Sweat Economy, ConsenSys Mesh, and FBG Capital.