Bitcoin · Galaxy Digital · Funding Round · CryptoSlate
Galaxy puts $5 million behind Bitcoin’s race to migrate before quantum risk arrives
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Galaxy Digital pledged up to $5 million on July 21 to help Bitcoin prepare for the quantum era.
Key facts
- Executive Order 14412 directs the Office of Management and Budget to require specified federal systems to use post-quantum signatures by Dec. 31, 2031
- Galaxy Digital pledged up to $5 million on July 21 to help Bitcoin prepare for the quantum era
- Draft BIP 360 identifies pay-to-public-key, bare multisignature and Taproot outputs among those exposed for long periods
- BIP 360 would use a soft fork to add a new Pay-to-Merkle-Root output
Summary
01 Galaxy Digital pledged up to $5 million to fund Bitcoin quantum-readiness grants, research, and an advisory council. 02 The push matters because Bitcoin upgrades need years of coordination across developers, miners, wallets, exchanges, custodians, and users. 03 The hard part remains choosing and adopting a post-quantum signature design before exposed keys create a larger attack window. Quantum computers cannot crack Bitcoin’s signature security today, but the program aims to get migration work moving before that threat becomes real.