Nine Bitcoin Heavyweights Join Forces to Secure Network with $15M Quantum Push

Nine major players in the Bitcoin and cryptocurrency space have joined forces to secure the long-term integrity of the network.

The consortium, which includes BlackRock, Coinbase, and Strategy, has pledged a combined $15 million over three years for research, development, and public education.

The focus will initially be on post-quantum cryptography, as developers warn that quantum threats may become a reality in the future.

Members of the consortium will direct their contributions independently, rather than pooling funds under a single entity.