DGAP-News: tokentus investment AG / Key word(s): Investment
07.02.2022 / 07:30
The issuer is solely responsible for the content of this announcement.
tokentus investment AG invests a further USD 1 million in Qredo Ltd. as part of one of the world’s largest Series A financing rounds in crypto to date.
– Participation in current financing round increases tokentus investment AG’s investment in Qredo Ltd.
– Oversubscribed financing round values Qredo Ltd. at USD 460 million post-money
– Lead investor of the USD 80 million Series A is 10T Holdings, strategic investors include Coinbase Ventures, Avalanche and Terra
– Qredo is a decentralised infrastructure and product suite for digital asset management based on a layer-2-network
Frankfurt am Main, 7 February 2022 – Frankfurt-based tokentus investment AG (“tokentus”, ISIN: DE000A3CN9R8; WKN: A3CN9R; symbol: 14D) is investing a further USD 1 million in Qredo Ltd. (“Qredo”), based in London (UK). Qredo is a decentralised infrastructure and product suite for digital asset management. In 2020 tokentus invested in Qredo for the first time via…
