Alpha Transform Holdings (ATH), a trailblazing digital asset organization dedicated to propelling the evolution of blockchain-powered Web3, is thrilled to unveil its strategic collaboration with Qredo (QRDO), a preeminent provider of institutional-grade digital asset custody solutions.
ATH has made a strategic decision to harness the power of the Qredo platform for its two flagship funds, Alpha Sigma Blockchain/Web3 Fund and Alpha Liquid Fund.
Alpha Liquid Fund, a subsidiary within ATH, has solidified its connection with Qredo through the acquisition of QRDO tokens, marking the inception of a profound partnership set to reshape the digital asset custody landscape.
Qredo stands out with its sophisticated multilayer architecture, consisting of two pivotal components: the Qredo Protocol and a distributed, consensus-driven multi-party computation (MPC) network. This adaptable framework has been meticulously crafted to serve as the bedrock of security for a diverse range of applications, from fortifying enterprise custody solutions to safeguarding cross-chain interactions. These initiatives collectively contribute to the continuous growth and utilization of the Qredo ecosystem. Qredo’s novel tokenology proposal is poised to establish a resilient and user-friendly framework, with QRDO as the native protocol token seamlessly interconnecting all modular elements within the Qredo ecosystem.
Qredo is the only distributed MPC solution that has integrated with Metamask Institutional, creating a powerful tool that customers can utilize in their daily operations. This partnership allows customers to access all EVM chains available as Qredo believes a multichain landscape is the future.
The Qredo Network is set to evolve along three key areas:
– Augmented decentralization via Delegated Proof-of-Stake
– Amplified QRDO utility
– Enhanced transparency and community involvement through open governance
Since its inception, Qredo has notched up an impressive record of over 1,250,000 transactions on Qredochain, underpinning its commanding presence with a transactional volume exceeding $45 billion. This milestone underscores the remarkable growth of the Qredo ecosystem.
Fair Disclosure: Alpha Sigma Capital Fund holds Qredo tokens.
About Qredo
Qredo is a leading provider of institutional-grade digital asset custody solutions. The company’s decentralized multi-party computing (dMPC) technology provides a secure and regulated environment for customers to store, transfer, and manage their digital assets. For more information, visit https://www.qredo.com/.
About Alpha Transform Holdings
Alpha Transform Holdings (ATH) is a driving digital asset organization dedicated to ushering in the future of blockchain-powered Web3. With our deep knowledge and expertise, we invest in and advise innovative companies and decentralized projects that leverage blockchain technology to revolutionize traditional industries such as financial services, healthcare, media & entertainment, and more. We work closely with portfolio companies to drive value while creating outsized returns and are renowned for our detailed research on growing blockchain initiatives. Our mission is simple: To accelerate the mass adoption of distributed ledger technology through investments that provide impactful solutions with long-term sustainability. Our vision is an open connected world powered by secure decentralized systems so that everyone can benefit from the new tech economy. https://www.alphatransform.io/
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