Key Takeaways
- • Qube Research & Technologies (QRT) has backed tread.fi, a crypto trading platform that has reportedly processed more than $100B in cumulative trading volume, according to a post by Pietro Negri on X.
- • tread.fi is described as a crypto trading and quant platform, and its native token is TREAD.
- • tread.fi's published fee schedule uses 14-day trading volume tiers combined with TREAD token holdings to set discounts, with 25%, 50%, and 100% tiers tied to holdings of 100,000 and 1,000,000 TREAD.
- • The size and terms of Qube's investment were not available in the sources reviewed.
Summary
Quantitative trading firm Qube Research & Technologies (QRT) has backed tread.fi, a crypto trading platform, according to reporting from Dealroom. The original article could not be retrieved, so details of the investment, including its size and terms, could not be confirmed. Commentary from Pietro Negri on X states that tread.fi has processed more than $100B in trading volume and describes the platform as a crypto trading and quant venue.
tread.fi's native token is TREAD. The platform's published fee structure ties trading fee discounts to two factors: 14-day trading volume and TREAD holdings. Fee reductions of 25% apply at 100,000 TREAD held, 50% at 1,000,000 TREAD, and 100% based on volume tiers. David Jeong is listed as CEO of tread.fi, with prior experience in global equities and digital asset algorithmic trading.
tread.fi's native token is TREAD. The platform's published fee structure ties trading fee discounts to two factors: 14-day trading volume and TREAD holdings. Fee reductions of 25% apply at 100,000 TREAD held, 50% at 1,000,000 TREAD, and 100% based on volume tiers. David Jeong is listed as CEO of tread.fi, with prior experience in global equities and digital asset algorithmic trading.
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