On April 3, Diamante Financial, a developer of quantum-safe Layer-1 blockchain, announced the completion of a $1.5 million strategic funding round, with participation from Khofiz Shakhidi, founder of Jefferson Capital Ltd. and co-founder of Minexx Ltd. The new funds will be used to build a production-grade L1 crypto network based on post-quantum cryptography (FIPS 204) to address quantum security vulnerabilities in digital assets.
Diamante Financial Completes $1.5M Strategic Funding Round
AiCoinShare






Diamante Financial announced on April 3 the completion of a $1.5 million project funding round, according to AiCoin. Khofiz Shakhidi, founder of Jefferson Capital Ltd and co-founder of Minexx Ltd, participated in the round. The funds will support the development of a production-grade L1 encrypted network using post-quantum cryptography (FIPS 204). The project aims to mitigate quantum security risks facing crypto assets. This move establishes Diamante as a key player in on-chain news related to quantum-safe infrastructure.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.