Project Eleven Acquires Riva Labs to Boost Quantum Security Research
Project Eleven expands its post-quantum cryptography capabilities by acquiring Riva Labs, adding specialized talent and technology to its digital asset security platform.
Project Eleven, a company focused on building post-quantum security infrastructure for digital assets, announced the acquisition of Riva Labs on Sept. 29, 2026, consolidating specialized post-quantum research talent and technology under a single organization.
The deal brings Riva Labs' engineering expertise directly into Project Eleven's existing operations, accelerating the company's capacity to develop cryptographic defenses designed to withstand attacks from quantum computers — a threat increasingly viewed by security researchers as a near-term concern for blockchain and digital asset ecosystems.
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Post-quantum cryptography has emerged as a critical field as advances in quantum computing threaten to undermine the encryption standards that currently protect digital financial infrastructure. By absorbing Riva Labs, Project Eleven signals an intent to consolidate resources and move faster on solutions before quantum computing reaches the scale needed to break conventional cryptographic protections.
The acquisition reflects a broader industry trend of security-focused firms seeking to build comprehensive, in-house capabilities rather than rely on fragmented research partnerships. For digital asset holders and institutional players, the push toward quantum-resistant protocols represents one of the most consequential long-term security challenges facing the sector.
Continue reading at Cryptocurrency for the full announcement and additional details on the acquisition terms and strategic direction.
