Galaxy Digital launched the Galaxy Bitcoin Quantum Readiness Initiative on July 21, pledging up to $5 million in the form of grants (non-repayable funding) to support developers in building post-quantum defense measures for Bitcoin. The funding program is organized around three pillars: grants for developers for transaction proposals with quantum resilience and signature mechanisms; a separate Galaxy Research branch dedicated to publishing analyses of the ongoing quantum threat; and a Quantum Advisory Board made up of experts from the University of Calgary, MIT Sea Grant, and Boston University, to guide research and evaluate proposals.