Institutional Giants Pledge $15M to Quantum-Proof Bitcoin Security

Institutional Giants Pledge $15M to Quantum-Proof Bitcoin Security

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A consortium of nine major institutional players, including BlackRock and Coinbase, has committed $15 million to fund developers focused on securing the Bitcoin network against future threats, particularly from quantum computing.

BlackRock, Coinbase and Strategy Pledge $15M to Quantum-Proof Bitcoin

Nine of the biggest institutional names in Bitcoin formed a consortium to fund the developers working to keep the network secure—including from future quantum computers.