QED
QED is a crypto & web3 company in Hong Kong, Hong Kong, founded in 2023. It has raised $12.3M across 3 rounds, most recently a $6.0M Seed in June 2024.
Trustless, privacy preserving, and hyper scalable. Built for Humans and AI.
- Headquarters
- Hong Kong
- Employees
- 11–50
- Founded
- 2023
- Business Model
- B2B
- Website
- qedprotocol.com
- Total Funding
- $12.3M
- Last Round
- $6.0M SeedJun 2024
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 4 investors for this company. The full record is or through the API.
About
Psy Protocol (formerly QED Protocol) is a revolutionary Layer-1 blockchain engineered to address the core challenges of scalability, security, and user privacy using advanced zero-knowledge (zk) technology. At the heart of the protocol is its unique Proof of Useful Work (PoUW 2.0) consensus mechanism, where miners collaboratively perform valuable computational and data-storage tasks to enhance network efficiency, complemented by the zkPARTH architecture that supports millions of parallel transactions without bottlenecks. Backed by investors including Blockchain Capital, Arrington Capital, and the Stanford Blockchain Accelerator, Psy Protocol serves decentralized payments, Web2 integrations, gaming, and DEX applications while ensuring user privacy through local transaction verification.
Summary
It lists 11–50 employees. It has raised $12.3M in total across 3 rounds, most recently a $6.0M Seed round in Jun 2024. Investors include Blockchain Capital, Arrington Capital and UTXO Management.
Tech & App Stack
6 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
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Funding History
Jun 2024
Sign up to see all 3 events
Funding: Seed. Amounts, valuations, and investors where available.
Investors
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