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cryptoJul 22, 2026, 11:04 AM

Galaxy Launches $5M Bitcoin Quantum Readiness Initiative

Galaxy, led by Mike Novogratz, has launched the Bitcoin Quantum Readiness Initiative, allocating up to $5 million in grants to developers and researchers to prepare Bitcoin for potential quantum computing threats.

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Galaxy, the digital asset firm founded and led by Mike Novogratz, has announced the launch of the Bitcoin Quantum Readiness Initiative. The program aims to proactively address the potential threat that quantum computing could pose to Bitcoin's cryptographic security.

Under this initiative, Galaxy will disburse up to $5 million in grants to developers and researchers working on solutions to safeguard the Bitcoin network against future quantum attacks. The move reflects a growing awareness within the crypto industry of the need to future-proof blockchain infrastructure.

Source: ForkLog