Project Eleven, a post-quantum crypto startup, has raised $20 million in a Series A funding round, according to reports. The round was led by Castle Island Ventures with participation from Coinbase Ventures. The funding represents a significant investment in the emerging field of post-quantum cryptography, which aims to develop cryptographic systems that are secure against both classical and quantum computers. This development highlights growing interest in securing blockchain technology against future threats.

Project Eleven, a post-quantum crypto startup, has raised $20 million in a Series A funding round, according to reports. The round was led by Castle Island Ventures with participation from Coinbase Ventures. The funding represents a significant investment in the emerging field of post-quantum cryptography, which aims to develop cryptographic systems that are secure against both classical and quantum computers. This development highlights growing interest in securing blockchain technology against future threats.