Project Eleven Secures $6 Million in Funding on June 19, 2025

According to relevant media reports, Project Eleven completed a $6 million funding round on June 19, 2025. This round was led by Variant Fund, Quantonation, Castle Island, Ambush Capital, and Formation, with participation from prominent individual investors Anna Rose, Joe Lallouz, Aaron Henshaw, Zaki Manian, and Nebular. With this latest investment, Project Eleven’s total funding has reached $6 million.Project Eleven is an innovative technology company focused on the application of post-quantum cryptography (PQC) in existing blockchain protocols. Its primary objective is to provide quantum-secure solutions for the Bitcoin network. The company's first product, yellowpages, is a post-quantum Bitcoin ownership proof system that allows users to instantly generate quantum-resistant keys and securely link them to existing Bitcoin addresses.With the rapid advancement of quantum computing technology, traditional cryptographic systems are facing potential security threats. Project Eleven’s solutions aim to provide essential security protection for the Bitcoin network in a future where quantum computers may be capable of breaking current cryptographic systems. The project’s development not only demonstrates the innovative vitality of blockchain technology but also offers critical support for the long-term security of the cryptocurrency industry. Against the backdrop of ongoing blockchain technology evolution, Project Eleven’s technological innovation holds significant forward-looking value.