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CoinVoice has learned that, according to Axios, Project Eleven has completed a $20 million financing round, with a post-investment valuation of approximately $120 million. The company is dedicated to protecting cryptocurrencies from future quantum computing attacks. It is developing cryptographic solutions resistant to quantum computing decryption, aiming to provide upgrade paths for existing public chains and crypto assets to address the risk that quantum computing could break current cryptographic algorithm security.