The DeFi infrastructure platform Qredo improves its self-custody wallet platform using MPC smart key sharding technology

ChainCatcher news, according to CoinDesk, the DeFi infrastructure platform Qredo has optimized its self-custody wallet platform. The new platform, New Qredo, uses multi-party computation (MPC) smart key sharding technology to improve control over team permissions and approval processes.

According to the crypto data platform RootData, last February, Qredo announced the completion of an $80 million Series A funding round at a valuation of $460 million. This round was led by 10T Holdings, with participation from Coinbase Ventures, Kingsway Capital, HOF Capital, Raptor Group, and GoldenTree Asset Management. (Source link)