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Project Eleven raises $6 million, led by Variant Fund and Quantonation

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2025-06-19 12:55:23
Project Eleven, a developer focused on post-quantum cryptography, has raised $6 million to help protect bitcoin and other digital assets against future quantum computing threats, led by Web3 investor Variant Fund and quantum technology investor Quantonation.
Project Eleven's first product, Yellowpages, is a cryptographic regedit that allows users to create quantum-resistant proofs that link current Bitcoin addresses to new secure addresses without relying on on-chain activity. Project Eleven CEO Alex Pruden said the financing will help the company build "the tools, standards, and ecosystems needed to ensure digital assets remain secure in a post-quantum world."
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