Zero Fee Custody for Digital Assets by Qredo
Decentralized custody provider Qredo has announced the introduction of zero fee custody, allowing teams and individuals to store digital assets on Qredo Network completely free of charge.
Bitcoin, ethereum, and ERC-20 tokens can be held with unprecedented security and customizable governance, without custody fees. This makes storing digital assets as cost effective as traditional assets such as stocks, bonds, and ETFs — enabling organizations to conduct digital asset operations with unprecedented capital efficiency.
“Over the past few years, traditional financial services have seen downward pressure on custodial fees,” said Qredo CEO Anthony Foy. “By moving to a zero fee model, we are bringing the digital asset market in line with this trend to create a seamless transition for institutions, teams, and sophisticated traders.”
Looking to the future, zero fee custody is just the beginning. Qredo’s journey to decentralization will transform the Network into a custody-for-profit center, allowing users to earn yield from holding digital assets.
Until then, corporate treasurers, exchanges and other digital asset ecosystem participants are invited to experience institutional-grade governance, instant settlement, secure custody and more by storing assets on the Qredo Network and integrating via the proprietary API.
About Qredo
Qredo is a decentralized digital asset management infrastructure and product suite designed to unlock new opportunities for institutional investors in digital assets and decentralized finance. Qredo’s Layer 2 blockchain protocol enables users to seamlessly transfer and settle bitcoin, Ethereum, and ERC-20 tokens. Assets are secured by Qredo’s advanced Gen 2.0 Multi-Party Computation (MPC), which provides tier-1 bank security and institutional-grade governance.
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