AI disclosure: drafted by Basis Desk's AI newsroom and machine-checked against the primary sources listed below — how we use AI. Originally published on Basis Desk.
Strongpoint aims to unify institutional asset controls as Layer 1 blockchains diverge across post-quantum cryptographic schemes.
Key points
- Project Eleven introduced Strongpoint, a custody platform built to manage multi-network post-quantum cryptographic transitions [1].
- Zcash Foundation joined as an initial development partner to integrate privacy-preserving custody requirements into the architecture [1].
- A Project Eleven study found only 10 of the top 20 Layer 1 networks have published technical roadmaps for post-quantum authentication [1].
Post-quantum security firm Project Eleven has introduced Strongpoint, an institutional custody platform designed to maintain standard control layers while underlying blockchains migrate to quantum-resistant cryptography, the firm announced on Oct. 7 [1]. The Zcash Foundation has joined as an initial development partner to assist in designing the system's architecture, specifically addressing the technical demands of shielded transactions and evolving cryptographic standards [1].
Strongpoint acts as an abstraction layer for key management, transaction approvals, and audit infrastructure [1]. Rather than requiring custodians to rebuild security operations for every individual signature scheme, the software enables institutions to maintain consistent security policies even as underlying networks implement different post-quantum standards [1]. At the time of writing, Zcash traded at $1,314, down 2.2% over the last 24 hours.
Fragmentation Across Layer 1 Roadmaps
The initiative addresses an emerging coordination gap across major layer-1 protocols [1]. According to an analysis conducted by Project Eleven on Sept. 25, 2026, only 10 of the top 20 layer-1 networks by market capitalization have published technical proposals, roadmaps, or migration paths for quantum-resistant authentication [1]. Across those 10 networks, proposals span at least six different post-quantum signature schemes, presenting divergent strategies for key rotation, account migrations, and legacy-asset protection [1].
Project Eleven plans to deploy Strongpoint to production in the fourth quarter of 2026 following an early access phase with select development partners [1]. Founded in 2024 by Alex Pruden and Conor Deegan, the firm previously raised a $20 million Series A round led by Castle Island Ventures in January 2026, bringing total capital to $26 million, and recently acquired engineering firm Riva Labs to bolster protocol-level cryptography research [1].
Sources
- Project Eleven Launches Strongpoint for Post-Quantum Custody with Zcash Foundation as Initial Development Partner — PR Newswire
Basis Desk is a source-verified crypto newsroom. Market data, a free MCP server for AI agents and JSON APIs: basisdesk.news/developers. Not investment advice.
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