As the advent of the ‘post-quantum era’ draws nearer, posing a significant theoretical threat to current cryptographic systems underpinning blockchain technology, Project Eleven has emerged with a substantial funding round. The project recently raised $20 million in financing, earmarked for the development of cryptographic solutions designed to mitigate quantum computing risks. The core mission of Project Eleven is to address a critical vulnerability: the potential for future quantum computers to break the cryptographic algorithms that secure most existing blockchain networks and digital assets. This preemptive research and development effort focuses on creating and implementing quantum-resistant or quantum-safe cryptographic protocols. Industry analysts highlight the growing urgency for such initiatives within the Web3 and broader digital infrastructure sectors. While large-scale, practical quantum computers capable of executing such attacks are not yet a present reality, their eventual development is considered a foreseeable challenge. The proactive pursuit of quantum-resistant cryptography is therefore viewed as a necessary long-term investment for the security and sustainability of decentralized systems. The successful funding round for Project Eleven indicates rising investor confidence and strategic priority placed on next-generation blockchain security. The project’s progress will be closely monitored as it works to provide a potential defensive framework against one of the most profound technological threats anticipated for the digital economy.