🛡 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.
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