Emerging project raises 20 million in funding to develop quantum-resistant cryptography solutions, safeguarding the public chain ecosystem

[ChainWen] An interesting fundraising trend worth paying attention to — a project dedicated to quantum computing protection has just completed a $20 million funding round, with a post-money valuation of $120 million. The amount may not seem particularly large, but the underlying logic is quite fascinating.

The topic of quantum computing has long been a hot topic in the cryptography community. Simply put, the encryption algorithms we currently use — such as RSA and elliptic curve cryptography — could become obsolete in the face of quantum computers. Once sufficiently powerful quantum computers emerge, they will have the ability to crack existing cryptographic systems, posing a fundamental threat to the security of encrypted assets.

This company’s approach is to get ahead of the curve. They are developing new cryptographic schemes resistant to quantum attacks, and are also considering how to provide upgrade and migration paths for existing public chains and encrypted assets. From another perspective, this is not just a technical issue but an ecosystem challenge — how to ensure a smooth transition for already operational blockchain projects and asset systems is the real challenge.

From an investment perspective, this funding reflects the industry’s forward-looking thinking on long-term risks. Quantum threats are not an issue for tomorrow, but they won’t be a problem ten years from now either. Clarifying technical solutions now and preparing in advance shows that the community’s attention to this field is increasing.