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      Project Eleven Acquires Riva Labs to Enhance Post-Quantum Security Capabilities

      Project Eleven, a company specializing in post-quantum security infrastructure for digital assets, has announced its acquisition of Riva Labs. This strategic move aims to bolster Project Eleven's expertise in areas such as post-quantum signatures, multi-party computation (MPC), and account abstraction. The acquisition includes Riva Labs' technology and intellectual property, which have been developed on Ethereum and other public blockchain networks.

      Riva Labs has made significant contributions to the field, focusing on hash-based post-quantum signatures, wallet infrastructure, and hardware signing solutions. Their work has successfully demonstrated the implementation of post-quantum signatures on consumer-grade hardware. Following the acquisition, Project Eleven plans to integrate Riva's teams and technologies into its ongoing research and product development efforts in post-quantum cryptography and digital asset custody.

      Alex Pruden, CEO and co-founder of Project Eleven, emphasized that this acquisition will enhance the company's research and engineering capabilities, facilitating a faster transition to post-quantum security for digital assets. Matteo Vena, co-founder of Riva Labs, expressed confidence that the collaboration will enable both companies to advance public chain upgrades on a larger scale, as they share a mutual understanding of the necessary tools for the industry.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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