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[SITUATION] · [ACTIVE] · [TECHNOLOGY]
5 clusters · 13 sources · 23 days · First seen · Last updated
Project Eleven post-quantum security development
Overview
Project Eleven, a New York-based firm focused on quantum-resistant blockchain infrastructure, has expanded its technical capabilities through the acquisition of Riva Labs. This acquisition integrated Riva Labs’ expertise in post-quantum signatures, multi-party computation, and wallet infrastructure to address security risks posed by future quantum computing.
Following this expansion, Project Eleven launched Strongpoint, a custody platform intended to assist institutions in transitioning to post-quantum cryptography. The Zcash Foundation has partnered as an initial development collaborator to ensure the architecture remains adaptable to changing requirements. Project Eleven also announced a partnership with Quantus to integrate the Quantus Network into Strongpoint, targeting network support for the first quarter of 2027 to provide “crypto-agility” for institutional security.
In October 2026, Project Eleven entered a development partnership with Relm Insurance to explore how post-quantum security controls can be evaluated within digital asset insurance underwriting. CEO Alex Pruden noted the partnership aims to understand how quantum readiness might influence market risk evaluations.
On October 21, 2026, Pruden claimed that quantum computing laboratories are withholding certain research results to prevent public alarm. He suggested that labs have either been directed not to publish specific findings or have chosen to keep them private to avoid causing panic. While Pruden did not name specific laboratories, his remarks align with broader industry concerns regarding the potential for quantum computers to compromise digital signature systems used by blockchain networks.
Entities
Project Eleven · Alex Pruden · StrongPoint · Google · Zcash Foundation
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Project Eleven introduced Strongpoint, a flagship custody platform designed for the transition to post-quantum cryptography.
- [● 3 SOURCES] Zcash Foundation has joined Project Eleven as an initial development partner to help shape the Strongpoint architecture.
- [● 3 SOURCES] Strongpoint aims to provide a consistent control layer for institutions to manage digital assets without rebuilding infrastructure during cryptographic migrations.
- [● 3 SOURCES] More than $1 trillion in digital assets are considered at risk from sufficiently powerful quantum computers.
Timeline
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[TECHNOLOGY] 2 sourcesProject Eleven CEO claims quantum labs are withholding results
Project Eleven CEO Alex Pruden claims quantum computing labs are withholding certain research results to avoid causing public panic regarding potential threats to digital asset security.
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[TECHNOLOGY] 2 sourcesProject Eleven and Relm Insurance partner on quantum risk
Project Eleven and Relm Insurance are partnering to explore how post-quantum security readiness affects the underwriting and pricing of digital asset insurance.
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[TECHNOLOGY] 2 sourcesProject Eleven integrates Quantus into Strongpoint custody platform
Project Eleven and Quantus are partnering to integrate quantum-resistant technology into the Strongpoint institutional custody platform to protect digital assets from future quantum computing threats.
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[TECHNOLOGY] 3 sourcesProject Eleven launches Strongpoint post-quantum custody platform
Project Eleven has launched Strongpoint, a post-quantum digital asset custody platform, with the Zcash Foundation serving as an initial development partner to ensure cryptographic agility.
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[TECHNOLOGY] 5 sourcesProject Eleven acquires Riva Labs to bolster post-quantum security
Project Eleven has acquired Riva Labs to bolster its post-quantum cryptography and blockchain security infrastructure, focusing on protecting digital assets against future quantum computing threats.
Sources
ambcrypto.com · bizrapidx.com · businessnewsweek.in · captainaltcoin.com · cointrust.com · cryptobriefing.com · oilprice.com · onlinemediacafe.com · quantumzeitgeist.com · theqldr.com.au · tokenpost.com · unchainedcrypto.com · wcupa.edu
This summary has been updated 3 times: see revision history