Project Eleven Launches Post-Quantum Custody Platform With Zcash Foundation
Project Eleven introduced Strongpoint, a post-quantum-ready digital asset custody platform, with Zcash Foundation as an initial development partner. The company targets production deployment in Q4 2026.Material Details#DetailAI Analyst View1Launches Strongpoint custody platformNew product targeting institutional custody can open revenue channels and partnerships.2Zcash Foundation joins as partnerCredible ecosystem partner may accelerate adoption and integration.3Targets Q4 2026 deploymentTimeline sets expectations for commercialization and clients’ testing cycles.4Focus on post-quantum crypto-agilityAddresses a key institutional risk, potentially driving demand across L1s.5$20M Series A raised in Jan 2026Runway supports product buildout; signals investor backing.6Acquired Riva Labs expertiseAdds in-house talent for PQ signatures and wallet infra, de-risking delivery.Context by AI AnalystThis is an early-stage product launch aimed at institutional custody amid fragmented post-quantum roadmaps. A larger catalyst would be signed institutional deployments, named supported networks, and revenue or ARR milestones post-Q4 2026 launch.Based on the original press release from Project Eleven distributed by Chainwire.This is an AI-generated summary and may contain inaccuracies. Summary is based on content distributed by Chainwire. Please verify any important information with the original source. This information is not a recommendation for what you should do personally and does not constitute investment advice.