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QRDO has rebranded to Open Custody Protocol (OPEN)
We are thrilled to unveil the Open Custody Protocol (OCP), and the rebranding of the QRDO token to $OPEN in the coming weeks.
As we embrace this broader and more ambitious objective, a rebranding initiative becomes essential. This rebranding is important for two reasons: it marks our transition to a "custody agnostic" protocol, and it reinforces the importance of the permissionless primitive we are building, with the $OPEN at the heart of it.
The Open Custody Protocol is launching with esteemed partners including Fordefi, a next-gen MPC platform, Lit Protocol, a decentralized key management network, and other participants soon to be announced. The first OCP product will be deployed as a Keychain on the Warden Protocol, bringing permissionless key management to the market in Q2 this year. This collaboration not only symbolises a new chapter for our ecosystem but also reinforces the Foundation’s commitment to innovation, community, and tokenholders.
$OPEN will continue to be the origin token for innovative new projects, including Warden Protocol’s WARD airdrop.
Join us on this exciting journey as we redefine the future of open custody solutions.
