Bitfinex to Support Rebranding of Qredo (QRDO) to Open Custody Protocol (OPEN)

We're pleased to announce that Bitfinex is supporting the announced rebranding of Qredo (QRDO) to Open Custody Protocol (OPEN) on 17/04/2024.

As a result, the following changes will be implemented on the Bitfinex platform:

• new token name: Open Custody Protocol
• new ticker: OPEN
• new logo icon

Bitfinex plans to implement the changes on 17/04/2024 at approximately 7:00 am UTC.

The ERC-20 smart contract and the API symbol (QRDO) will remain unchanged.

OPEN will be available to trade with US Dollars (OPEN/USD) and Tether USD tokens (OPEN/USDt). 

More information on Open Custody Protocol (OPEN) can be found at: https://www.opencustody.org/.

Important Note:

This announcement is not an offer to sell or a solicitation of an offer to buy Qredo (QRDO), Open Custody Protocol (OPEN) or any other cryptocurrency. Any purchase or sale of any cryptocurrency on Bitfinex will occur solely pursuant to the Terms of Use for Bitfinex at https://www.bitfinex.com/legal/exchange/terms.

Forward-Looking Statements

Certain statements in this announcement may be forward-looking in nature. The words “believe”, “expect”, “estimate”, “could”, “should”, “intend”, “may”, “plan”, “seek”, “anticipate”, “project” and similar expressions among others, generally identify “forward-looking statements,” which speak only as of the date the statements were made. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. None of Bitfinex nor any other person is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.