A blockchain infrastructure startup just wrapped up $20 million in Series A funding at a $120 million valuation, with plans centered on preparing crypto networks for quantum computing threats. The initiative focuses on building quantum-resistant cryptographic solutions to shield existing blockchain architectures from potential attacks as quantum technology advances. This funding round highlights growing industry concern about long-term security vulnerabilities in current consensus mechanisms and address schemes. With quantum computers still emerging, projects tackling post-quantum cryptography are positioning themselves as critical infrastructure for future-proofing decentralized networks against what many consider an inevitable technological shift.
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HodlKumamon
· 4h ago
Quantum threats, huh? Only now are people taking it seriously. I must say, you're quite the expert. Based on historical data in cryptography, the investment window for this kind of infrastructure has about 5-10 years of golden opportunity. Missing it would be quite awkward(◍•ᴗ•◍)
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FlashLoanPhantom
· 4h ago
Quantum computing definitely needs to be proactively planned, or else when it actually arrives, it will cause a big shock.
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MEVSupportGroup
· 4h ago
Quantum threats definitely need to be taken seriously, but there are also quite a few teams currently hyping up the concept.
Post-quantum crypto sounds impressive, but how many can actually be implemented?
A valuation of 200 million with a funding of 20 million, the investors are also betting on the future.
When quantum computing truly arrives, existing blockchains might all need to be rebuilt.
This feels like the real infrastructure track, much more reliable than most L2 solutions.
A blockchain infrastructure startup just wrapped up $20 million in Series A funding at a $120 million valuation, with plans centered on preparing crypto networks for quantum computing threats. The initiative focuses on building quantum-resistant cryptographic solutions to shield existing blockchain architectures from potential attacks as quantum technology advances. This funding round highlights growing industry concern about long-term security vulnerabilities in current consensus mechanisms and address schemes. With quantum computers still emerging, projects tackling post-quantum cryptography are positioning themselves as critical infrastructure for future-proofing decentralized networks against what many consider an inevitable technological shift.