projecteleven

Fundraises & Airdrops

Developer-first API for crypto, stocks and options, Alpaca, raises $150M in a Series D funding round led by Drive Capital, with support from Citadel Securities, Opera Tech Ventures, and many more.

Stablecoin-powered cards protocol, Rain, raises $250M in a Series C funding round led by Iconiq Capital, with participation from Sapphire Ventures, Dragonfly, Bessemer, Galaxy, and more.

Attention trading platform, Noise, raises $7.1M in a seed funding round led by Paradigm, with other investors including Figment Capital, Anagram, GSR, Kaito, and more.

Post-quantum crypto infrastructure protocol, Project Eleven, raises $20M in a Series A funding round led by Castle Island Ventures, with support from Coinbase Ventures, Fin Capital, Variant, Lattice Fund, and more.

SVM L1 chain, Fogo, launches the FOGO token, allowing early adopters on the chain to claim their FOGO airdrop.

Solana Mobile opens the airdrop checker for the upcoming SKR token airdrop. Active on-chain users and developers are eligible for the airdrop.

Source: Binance News / Bitdegree / #CoinMarketCap

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🛡 Project Eleven raises $20 million to combat quantum threats
The future security of cryptocurrency is in our hands. Startup Project Eleven successfully completed Series A financing, raising $20 million, led by Castle Island Ventures.
Key information:
🔹 Goal: Develop and implement post-quantum cryptography (PQC) solutions.
🔹 Importance: Future quantum computers may easily break modern encryption methods, posing survival threats to the entire digital asset ecosystem.
🔹 Plan: The team is preparing to launch a significant product in early 2026.
The project's CEO Alex Pruden emphasized: "The risks have never been so high. We cannot ignore this threat."
Such a scale of investment confirms that institutional-grade security and future threat defense are becoming top priorities for venture capital giants.
#CryptoSecurity #QuantumComputing #ProjectEleven #Web3 #VentureCapital

🚨 Project Eleven Raises $20M Series A to Protect Crypto Networks from Quantum Threats

Crypto startup Project Eleven has raised $20 million at a $120 million valuation in a Series A round led by Castle Island Ventures, with participation from Coinbase Ventures, Fin Capital, Variant, and others.

The company is building tools to prepare Bitcoin and other blockchains for post-quantum security, addressing the threat posed by increasingly powerful quantum computers that could break current cryptography.

💡 Key Points:

Project Eleven’s products, like Yellowpages, allow users to generate post-quantum keys for their crypto assets.

The startup collaborates with the Solana Foundation on quantum-readiness planning.

Nic Carter (Castle Island Ventures) joins the board, emphasizing quantum computing as “the biggest and most complex threat public blockchains have ever faced.”

The company envisions becoming a “Palantir” for digital asset migrations to post-quantum cryptography.

📈 With the accelerating pace of quantum breakthroughs, Project Eleven aims to secure trillions in digital assets before cryptographically-relevant quantum computers emerge.

#BTC #CryptoSecurity #blockchain #quantumcomputing #ProjectEleven

Project Eleven raises $20M in a Series A funding round

#ProjectEleven secures $20M in a Series A funding round led by Castle Island Ventures, with participation from Coinbase Ventures, Fin Capital, Variant, Quantonation, Nebular, Formation, Lattice Fund, Satstreet Ventures, Nascent Ventures, and angel investors.

Project Eleven is a company developing tools and infrastructure to help existing software systems prepare for integration with future quantum computing technologies.

👉 x.com/qdayclock/status/2011468550523781351

🚨 Project Eleven Dangles 1 BTC Bounty—Can Quantum Hackers Crack Bitcoin’s Defenses?
💰 1 Bitcoin up for grabs! The first quantum team to break a toy elliptic curve (ECC) key using real quantum hardware wins the prize. But here’s the catch—if they succeed, they might also prove Bitcoin’s security obsolete, making their reward worthless! 😱⚡
🔍 Why This Matters:
✔ A real-world test of quantum threats to Bitcoin’s core cryptography.
✔ How close are we to a quantum break that could crash the network?
✔ Win big—or watch the prize evaporate if ECC falls.
#QuantumComputing #CryptoRisk #BitcoinBounty #ProjectEleven #HackTheFuture
$BTC