Project 11 Announces Completion of $6 Million Seed Round Financing

Wu Shuo learned that Project 11 announced the completion of a $6 million seed round, co-led by Variant and Quantonation, with participation from Castle Island Ventures, Nebular, and Formation. The project is dedicated to building quantum-safe protection mechanisms for the digital asset industry before the arrival of "Q-Day," addressing the potential threats posed by quantum computing to the existing public key encryption systems. The funding will be used to expand the team and promote the practical application of cutting-edge research results.