Infrastructure · Review
Qredo Review 2026: Decentralized Asset Custody
Qredo is described as a decentralized custody platform using multi-party technology for digital assets. Its current availability and practical custody details are unclear, so verify the service is operating before relying on it.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on Qredo
Qredo may interest users looking for digital-asset custody built around multi-party technology rather than a conventional single-key wallet. The main appeal is its stated focus on decentralized custody and access to assets on major layer-1 networks. However, the exact custody model, supported assets, fees, audits, and present availability are unclear. Verify that the service is operating and understand its recovery and access arrangements before entrusting it with funds.
Score breakdown
How Qredo scores
- Security
- n/a
- Ease of use
- n/a
- Fees
- n/a
- Features
- n/a
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Qredo?
Qredo is described as an open-source, public, permissionless platform for decentralized digital-asset custody. Its technology is associated with multi-party computation, and descriptions refer to access to assets on networks such as Bitcoin and Ethereum.
The precise custody model, supported assets, fees, audits, and current service availability are not established. A report says Qredo abandoned its Ankex exchange project amid financial difficulties; that is not confirmation that Qredo's custody product has shut down.
How Qredo works
Qredo is described as a platform for decentralized custody of digital assets, with multi-party technology. In a typical multi-party computation (MPC) design, signing responsibility is split across participants so that a transaction can be approved without one participant holding the complete private key. Qredo's exact implementation and recovery process are not established here.
The platform was also described as enabling access to assets on layer-1 networks such as Bitcoin and Ethereum. Public sources do not establish which assets or networks are currently supported, or whether the service remains operational.
2 features
Key features
01
Digital asset custody
Qredo is described as providing decentralized custody for digital assets.
02
Multi-party technology
Descriptions of Qredo refer to multi-party technology. The specific signing and key-management setup is not established.
Pros and cons
What we like
- The project is described as open-source and permissionless.
- It focuses on digital-asset custody rather than general-purpose trading.
- Its descriptions reference multi-party technology and access to assets on major layer-1 networks.
Watch out for
- Qredo's current product availability and operating status are unclear.
- The exact custody design, supported assets, and wallet features are not established.
- Fees, audits, and regulatory status are not published.
- A news report says Qredo abandoned its Ankex exchange project amid financial difficulties; this does not establish whether Qredo's custody product remains operational.
Qredo fees
Qredo's fees are not published. Check the product interface or service terms for any custody, transaction, or withdrawal charges before using the service.
Is Qredo safe?
Qredo's exact key-management and recovery arrangements are not established, and it has not published audit or regulatory details here. Decentralized or multi-party custody does not remove risks from software vulnerabilities, compromised access, or failed recovery processes. The reported abandonment of Ankex amid financial difficulties is a reason to verify Qredo's current operating status before placing assets with it.
4 steps
How to get started with Qredo
- 1
Check whether Qredo's custody or wallet service is currently available.
- 2
Review the supported assets and custody terms shown by the service.
- 3
Confirm the security, recovery, and access arrangements before transferring assets.
- 4
Check applicable fees and make sure the service is legal for your intended use.
Who Qredo is for
Qredo is most relevant to individuals or organizations researching alternatives to conventional digital-asset custody. It is not a clear choice for users who need published fee schedules, detailed security documentation, confirmed supported assets, or assurance that the service is currently available.
Qredo FAQs
What is Qredo?
Qredo is described as a decentralized custody platform for digital assets, using multi-party technology. The precise wallet features and custody arrangements are not established.
What is Qredo's token?
QRDO is the token ticker associated with Qredo. The token's current role within the custody product is not clear.
Is Qredo still operating?
Qredo's current operating status is unclear. A report says the separate Ankex exchange project was abandoned, but that does not confirm whether Qredo's custody service is active.
Compare
Qredo alternatives
Demeter provides managed Cardano APIs for dApp teams that want hosted chain access without operating their own infrastructure.
Cometh offers businesses one API for DeFi custody, staking, trading and payments; DefiLlama still lists its older Polygon space game.
Edgevana offers AI compute, data-center and networking services, while its current website does not explain the Solana staking product associated with its name.
Triton One provides Solana RPC, gRPC streaming and indexed ledger data for developers, wallets and trading teams, alongside open-source tools.
Chainlink is a decentralized oracle network that supplies real-world data to smart contracts, with the LINK token used to pay for services.
Match-Trader is a B2B trading platform and back-end suite for forex brokers and prop trading firms, with built-in TradingView charts and CRM modules.
Same category
More Infrastructure dApps
Pyth Network is a first-party price oracle and market data provider for blockchain apps, trading venues and institutions, with its own PYTH token.
dRPC is a multichain RPC provider offering managed cloud endpoints, an open-source load balancer and chain infrastructure tools for developers and foundations.
Bnbyield, presented as Yield.xyz, is an API platform for apps adding on-chain yield, perpetual trading and crypto-backed borrowing.
Free Protocol provides no-signup public JSON-RPC endpoints for Ethereum, Base, Polygon, and Arbitrum, aimed at wallet users and developers.
Walrus is a decentralized storage network for large files, built by Mysten Labs on Sui, with its own WAL token, aimed at developers and Web3 apps.
Ava Labs builds Avalanche-based infrastructure for businesses, including AvaCloud custom blockchains, the Core wallet and policy resources.
How we checked
Sources
No public sources were recorded for this review.
Last updated . Spotted an error? Tell us and we will correct it.