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Institutions & ETFs · 1 min read

Project Eleven Partners With Relm Insurance to Develop Post-Quantum Underwriting Framework

Relm joins the Strongpoint custody platform as a development partner to explore how quantum defenses influence digital asset insurance.

Editorial oversight: Julian Mercer, Chief Editor
Neutral

At a glance

What happened
Project Eleven partnered with Relm Insurance on Oct. 20, 2026, to examine post-quantum security controls in digital asset insurance underwriting.
Why it matters
The initiative could shape how insurers assess quantum exposure and institutional key protection when pricing crypto policies.
Who is affected
Institutional crypto custodians, digital asset insurers, and policyholders preparing for cryptographic upgrades.
What's next
Project Eleven targets production deployment of Strongpoint in the fourth quarter of 2026.
Primary source
projecteleven.com: Project Eleven Launches Strongpoint for Post-Quantum Custody with Zcash Foundation as Initial Development Partner

Key points

  • Relm Insurance joined Project Eleven as a development partner to explore post-quantum risk in crypto insurance underwriting.
  • A Project Eleven study found only 10 of the top 20 Layer-1 networks have published technical paths for post-quantum migration.
  • Strongpoint targets production deployment in the fourth quarter of 2026 following $26 million in total funding raised by Project Eleven.

Post-quantum security firm Project Eleven announced on Oct. 20, 2026, that Relm Insurance has joined as a development partner for Strongpoint, its institutional custody platform 2. The collaboration focuses on assessing how institutional post-quantum security controls can be integrated into digital asset insurance underwriting 2.

Under the partnership, Relm and Project Eleven will examine how post-quantum exposure can be evaluated within standard insurance policies 2. Areas of research include public key exposure, signing mechanisms, transaction approval workflows, migration readiness, and third-party dependencies 2. Relm will also provide feedback on Strongpoint's design to help institutional custody architecture supply the auditability and compliance evidence required by insurers 2. Strongpoint separates institutional controls from the cryptography layer, combining classical and post-quantum signing to let organizations swap algorithms without resetting approval rules 2.

Fragmentation Across Layer-1 Networks

The announcement expands development work on Strongpoint following an earlier tie-up with the Zcash Foundation 1. On Oct. 7, 2026, the Zcash Foundation joined as an initial development partner to adapt the custody architecture to shielded $ZEC transactions and privacy-preserving key management 1. Project Eleven noted that over $1 trillion in digital assets remain exposed to potential quantum attacks 1.

According to an assessment conducted by Project Eleven on Sept. 25, 2026, only 10 of the top 20 Layer-1 networks by market capitalization have published concrete roadmaps or migration paths to deploy post-quantum cryptography 1. Those existing strategies encompass at least six distinct post-quantum signature schemes, presenting institutions with fragmented standards across account migration and key rotation 1. Earlier industry efforts, such as the Ethereum Foundation's post-quantum roadmap, reflect ongoing attempts to address cryptographic obsolescence across leading blockchains.

Project Eleven, which raised a $20 million Series A round in January 2026 led by Castle Island Ventures, plans to deploy Strongpoint to production in the fourth quarter of 2026 1. At the time of writing, $BTC was trading at $82,541, while $ZEC stood at $1,197.

Sources

  1. [1] Project Eleven Launches Strongpoint for Post-Quantum Custody with Zcash Foundation as Initial Development Partner — projecteleven.com, October 20, 2026
  2. [2] Exploring Quantum Risk: Relm Partners with Project Eleven — relminsurance.com, October 20, 2026

Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.

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