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Project Eleven Completes $20 Million Financing, Post-investment Valuation Approximately $120 Million
Summary: According to Axios, Project Eleven has completed a $20 million financing round, with a post-investment valuation of approximately $120 million, aiming to protect cryptocurrencies from future quantum computing attacks. The company is developing cryptographic solutions resistant to quantum computing decryption, with the goal of providing an upgrade path for existing public chains and crypto assets ...
According to Axios, Project Eleven has completed a $20 million financing round, with a post-investment valuation of approximately $120 million, aiming to protect cryptocurrencies from future quantum computing attacks.
The company is developing cryptographic solutions resistant to quantum computing decryption, with the goal of providing an upgrade path for existing public chains and crypto assets to address the risk of quantum computing potentially breaking the security of current encryption algorithms.
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Link: Project Eleven Completes $20 Million Financing, Post-investment Valuation Approximately $120 Million [Copy]
