Thread by @GuyPolio

So I see a lot of people fomo'ing into $QRDO

In case you were in doubt of who Qredo is working with and the investors behind this project, please read this mega-thread I've put together with the help of @Sherwoodcapita1

There be some unreleased bonus alpha at the end... 👇👇

$QRDO (Qredo) was founded in 2011 and have steadily been working on their decentralised layer 2 network built to work with any assets on any network. Qredo had some really big name's invest in their project simply because no one else is doing custody like this...

...no one else has really cracked MPC integration quite like $QRDO layer two solution. So heres some of the investors and developers to show they mean biz...

@coinbase - Some point to this as a guaranteed catalyst for $QRDO to handle CoinBase custody solutions, more on this l8r

Next investor is @NexoFinance - Nexo are the OG's of offering an easy-access DeFi suite with which to trade and invest. 1.5m+ users and 30bn+ of tx's

To follow we have @AlamedaResearch - Alameda are a quantitative trading firm and they provide substantial liquidity. They manage over $70m of assets and trade $1b+ daily

And we have @HashKeyGroup next - HashKey are one of Asia's leading digital end-to-end crypto solutions for integrating existing and new business with the world and possibilities of crypto, strong interest around custody solutions

To continue this huge list next we have @Spartan_SA - Spartan have been financing businesses and small startups for over 40 years and focus more on small to mid sized venture opportunities

Next is @CoinSharesCo - Who in 2014 were the first to launch a regulated $BTC investment fund and first to launch an exchange traded $ETH product. CoinShares believes in four pillars to uphold their business, communication, respect, accountability and integrity

So @wintermute_t is a huge feather in the cap - @EvgenyGaevoy is a diamond in the rough. Wintermute help the backbone of liquidity provision on lots of major networks. WM wants to create efficient, liquid markets with transparent prices, doesn't this sound like $QRDO integration?

Next is @Gemini - Gemini offers users access to buy and sell crypto from a private bank of crypto, all on a regulated platform with huge token choice. Gemini's self claim is "the worlds most trusted DeFi platform"

The prob is there are so many people lined up to partner with Qredo that I literally cannot list them all. @CoinMetro CEO had this to say about the Qredo..

"Absolutely EVERYONE will use that service. We will use them. They're doing something no one else is doing"

If so then...

it would make sense then that @Grayscale will use $QRDO no? Grayscale currently use @coinbase for custody solutions...

Quick sidestep- Who are Grayscale? GS is the largest crypto currency investor and management firm, 44bn AUM and 73% coverage of crypto assets...

so @coinbase are actually very early investors in $QRDO and are looking to implement their unique custody solutions, so by default this would extend to @Grayscale

Along with El Salvador @BHElSalvador, Qredo with just these two would have an insane amount of AUM...

That brings me to one of my interested points, AUM.

For $QRDO to have a 214m mCap for its AUM (at time of writing), is criminal. So I reached out and talked to an insider to see if thats the case... turns out it isn't...

$QRDO team were planning on announcing at 10bn AUM what they had, I found out today that they're already more than halfway there, so AUM is at least double what is currently being touted...

This assumes a rough average of $6-7bn $QRDO currently manages which is huge, and that is only going to go up considering who wants to partner with them, this is an institutional grade big-boy play with real utility

I've been tapping @JoshGoodbody up but as usual he's mostly silent behind a solid wall of NDA's, but he did leak to me that the $QRDO block explorer will be available soon...

So people can see that sweet AUM for themselves

Lastly, I would mention that $QRDO/ $USDT trading pairs were scalped from @binance website, with @JoshGoodbody being the former EMEA Regional Director at Binance, it's not hard to assume Binance will also seek to use Qredo custody solutions and will list the trading pair...

In summary, watch this space because capital moves fast and seems to be practically flooding into @QredoNetwork

Grab some on @kucoincom or @gate_io , Americans, I suggest using Kucoin and a VPN.

Go follow @Sherwoodcapita1 who helped with this thread

#QredoArmy #Lunatics