TechFlow reports that Qredo, a crypto custody infrastructure provider, has recently seen several senior executives depart as the company intensifies efforts to enhance equity value and create utility for its token, according to two people familiar with the matter who spoke to The Block.
The sources said all recent executive departures and management changes are aimed at ensuring success for Qredo's equity and token holders. One of the sources noted that 10T Holdings has demonstrated strong commitment, emphasizing their steadfast financial and resource support. The source also pointed out that Qredo's success depends on continued investor backing.
Previous report: Qredo CEO was removed, and the company secured debt financing to sustain operations.
