Cryptocurrency assets face a consensus in the industry that quantum computing poses a threat, and Project Eleven is accelerating its layout in this track. This startup team, focused on quantum-level protection, recently completed a $20 million financing round, pushing the company's valuation to $120 million. Behind this funding round, Variant Fund and professional quantum venture capital firm Quantonation co-led the investment, demonstrating the capital market's optimism for this direction.

In fact, Project Eleven completed a $6 million financing round in June last year, and within just one year, the financing amount has more than tripled, indicating that its defense solutions have gained recognition in the market. As the scale of the crypto ecosystem continues to expand, the demand to protect assets from future quantum computing threats is becoming increasingly urgent. The company's growth trajectory, to some extent, reflects the rapid evolution currently happening in the Web3 security field.