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HedgeGuard and Qredo partner to overcome crypto asset liquidity lockup

Hedgeguard Insights
Qredo, partnering Hedgeguard

HedgeGuard and Qredo partner to overcome crypto asset liquidity lockup

HedgeGuard and Qredo are pleased to announce they have entered into a strategic partnership, combining HedgeGuard’s crypto portfolio management services with Qredo’s cross chain liquidity protocol.

Connected to liquidity providers and more than 15 of the top cryptocurrency exchanges including Binance, Deribit, Coinbase, Bitstamp, HedgeGuard is a a leading crypto-Portfolio Management System combined with a fully customizable trading platform.

Qredo’s cross chain liquidity protocol offers institutional investors a secure route into the digital asset ecosystem, enabling participants to extend trade credit to each other based on the value of the digital assets stored in their self-managed or custodial wallet. This has already been adopted by more than 30 asset managers, hedge funds, custodians, and crypto exchanges who have joined Qredo’s pilot program.

Together, Qredo and Hedgeguard support institutional access to digital assets, unlocking several key benefits:

  • Broadcast liquidity to network members, removing the need to lock, commit, or pre-fund digital assets when trading on exchanges. 
  • Implement Trade strategies not previously possible with crypto assets, including complex arbitrage across multiple network counter-parties 
  • Enable Instant payment and delivery of digital assets with no counterparty risk  
  • Increase profitability and capital efficiency 
  • Eliminate the threat of digital asset theft with trustless secure multi-party computation (MPC) 

The joint solution will be available in Q1 2021 to all HedgeGuard customers who are on current maintenance and support plans, and is configurable for self or managed custody. 

Traders and liquidity providers joining Qredo will receive pre-mined governance tokens that reduce trading costs and confer the opportunity to shape the future direction of the protocol.

The selection of Qredo as our partner enables HedgeGuard to deliver industry-first trade credit without settlement or delivery risk to our customers. The integration of Qredo’s cross chain liquidity protocol will have a meaningful impact on our customer’s capital efficiency and profitability across our diverse client base.” — Imad Warde, CEO and Co-Founder HedgeGuard CEO

“Qredo unites liquidity across blockchains ensuring interoperability, reducing slippage, lowering fees, and speeding up transactions. By partnering with leading crypto portfolio management system HedgeGuard, Qredo can deliver value on both the buy-side and sell-side – enhancing the value of Qredo and Hedgeguard’s network for all participants.” — Brian Spector, Chief Product Officer and Co-Founder at Qredo. 

About Qredo 

Qredo is a cross-chain liquidity protocol. 

Qredo unlocks liquidity by enabling trade credit to be granted from between counterparties pre-trade, for any digital asset held in their Qredo Wallet, without counterparty delivery or settlement risk. Qredo Wallets are secured on its blockchain coupled with a consensus-driven MPC network, delivering institutional-grade security. Qredo Wallet operators can be self-managed or custodian managed, delivering value for OMS/EMS vendors, Custodians, Exchanges, and Institutional Traders.

For more information, please see  www.qredo.com  or contact: pr@qredo.com 

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