Project Eleven has successfully raised $20 million in Series A funding to develop post-quantum cryptographic solutions, addressing the looming threats posed by quantum computing to the digital asset industry.

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Project Eleven, founded on October 31, 2024, is a pioneering company dedicated to addressing the looming threats of quantum computing on the digital asset landscape. Recognizing that the rise of fault-tolerant quantum computers could potentially undermine the security of blockchain technology, Project Eleven has positioned itself as a leader in developing post-quantum cryptographic solutions. In only 15 months, the company has made significant strides, introducing the first post-quantum cryptographic solution for Bitcoin, among other innovations.

With the recent announcement of a $20 million Series A funding round, led by Castle Island Ventures and backed by various notable investors, Project Eleven is set to accelerate its growth and further develop technologies that ensure the integrity and security of digital assets in an era increasingly defined by quantum computing.

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The digital asset and blockchain industry has witnessed explosive growth globally, but the United States remains a leader in this domain. As of 2025, significant developments in quantum computing have prompted