Backing the P11 round: Here's what we're thinking

We decided to lead this round for a few key reasons. First, the team's approach to handling quantum risks caught our attention—not something most projects prioritize right now, but it's becoming increasingly critical as tech evolves.

Quantum computing represents a real threat down the line for encryption systems that power blockchain infrastructure today. The fact that these builders are already thinking about post-quantum cryptography? That's the kind of forward-thinking we want to see more of.

Beyond the tech, the fundamentals of the project aligned with our thesis. Strong execution, clear roadmap, and a genuine commitment to long-term security over hype cycles. That's rare enough to warrant serious conviction.

We're excited to see how this plays out.