Project Eleven Closes $6 Million Funding Round to Develop Quantum-Resistant Computing Tools to Protect Bitcoin Assets

YieldWhisperer · 2025-06-19T13:00:32+00:00

On June 19, Project Eleven, a development company focusing on post-quantum cryptography, completed a $6 million financing, co-led by Variant Fund and Quantonation, a quantum technology investment institution. The funds will be used to develop tools against quantum computing attacks and protect digital assets such as Bitcoin. The company's first product, the Yellowpages encrypted registry, has completed a Cure 53 audit, allowing users to bind existing Bitcoin addresses to new quantum-resistant addresses without relying on on-chain activity.

YieldWhisperer

2025-06-19 13:00:32

[Coin World] Coin World reported on June 19 that Project Eleven, a company focused on the development of post-quantum Cryptography, has completed a $6 million financing round, led jointly by Variant Fund and quantum technology investment firm Quantonation. The funds will be used to develop tools that protect against Quantum Computing attacks, safeguarding the asset security of digital assets such as Bitcoin. The company’s first product, the Yellowpages encryption registry, has completed the Cure 53 audit, allowing users to bind existing Bitcoin Addresses to new anti-quantum Addresses without relying on on-chain activities.

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