Project Eleven has raised $20 million in a Series A funding round at a $120 million valuation as it works to protect blockchain networks from future quantum computing risks. The startup is developing post-quantum cryptography solutions designed to safeguard crypto wallets, transactions, and smart contracts against potential quantum attacks. The funding will be used to expand research, accelerate product development, and partner with blockchain ecosystems, as concerns grow that advances in quantum computing could eventually compromise existing cryptographic standards used across the crypto industry.
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Mkt Cap $2.72T
BTC Dom 59.55 %
BTC
$80,722.00
▼ -1.19%
ETH
$2,368.02
▼ -1.30%
USDT
$0.999129
▲ +0.01%
BNB
$731.77
▼ -1.86%
XRP
$1.28
▼ -2.34%
USDC
$0.999684
▲ +0.01%
SOL
$101.51
▼ -2.70%
TRX
$0.330219
▲ +0.03%
FIGR_HELOC
$1.02
▼ -0.64%
ZEC
$1,158.89
▼ -6.03%
HYPE
$75.77
▼ -2.49%
DOGE
$0.07756
▼ -3.21%
XMR
$593.96
▼ -2.33%
USDS
$1.00
▲ +0.01%
WBT
$78.33
▼ -1.20%
LINK
$11.62
▼ -3.59%
LEO
$9.04
▲ +0.06%
ADA
$0.208545
▼ -3.66%
XLM
$0.170328
▼ -3.52%
NEAR
$4.48
▼ -9.12%
RAIN
$0.008091
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BCH
$278.36
▼ -2.34%
USDE
$0.999493
▲ +0.02%
DAI
$1.00
▲ +0.00%
LTC
$56.46
▼ -3.84%
BTC
$80,722.00
▼ -1.19%
ETH
$2,368.02
▼ -1.30%
USDT
$0.999129
▲ +0.01%
BNB
$731.77
▼ -1.86%
XRP
$1.28
▼ -2.34%
USDC
$0.999684
▲ +0.01%
SOL
$101.51
▼ -2.70%
TRX
$0.330219
▲ +0.03%
FIGR_HELOC
$1.02
▼ -0.64%
ZEC
$1,158.89
▼ -6.03%
HYPE
$75.77
▼ -2.49%
DOGE
$0.07756
▼ -3.21%
XMR
$593.96
▼ -2.33%
USDS
$1.00
▲ +0.01%
WBT
$78.33
▼ -1.20%
LINK
$11.62
▼ -3.59%
LEO
$9.04
▲ +0.06%
ADA
$0.208545
▼ -3.66%
XLM
$0.170328
▼ -3.52%
NEAR
$4.48
▼ -9.12%
RAIN
$0.008091
▼ -3.96%
BCH
$278.36
▼ -2.34%
USDE
$0.999493
▲ +0.02%
DAI
$1.00
▲ +0.00%
LTC
$56.46
▼ -3.84%
Mkt Cap $2.72T
BTC Dom 59.55 %
BTC
$80,722.00
▼ -1.19%
ETH
$2,368.02
▼ -1.30%
USDT
$0.999129
▲ +0.01%
BNB
$731.77
▼ -1.86%
XRP
$1.28
▼ -2.34%
USDC
$0.999684
▲ +0.01%
SOL
$101.51
▼ -2.70%
TRX
$0.330219
▲ +0.03%
FIGR_HELOC
$1.02
▼ -0.64%
ZEC
$1,158.89
▼ -6.03%
HYPE
$75.77
▼ -2.49%
DOGE
$0.07756
▼ -3.21%
XMR
$593.96
▼ -2.33%
USDS
$1.00
▲ +0.01%
WBT
$78.33
▼ -1.20%
LINK
$11.62
▼ -3.59%
LEO
$9.04
▲ +0.06%
ADA
$0.208545
▼ -3.66%
XLM
$0.170328
▼ -3.52%
NEAR
$4.48
▼ -9.12%
RAIN
$0.008091
▼ -3.96%
BCH
$278.36
▼ -2.34%
USDE
$0.999493
▲ +0.02%
DAI
$1.00
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LTC
$56.46
▼ -3.84%
