Project Eleven Acquires Riva Labs to Strengthen Post-Quantum Security Research and Engineering Capabilities

PANews reported on September 30 that Project Eleven, which is dedicated to building post-quantum security infrastructure for digital assets, announced the acquisition of Riva Labs to enhance its capabilities in post-quantum signatures, wallets, MPC (multi-party computation), and account abstraction. The acquisition also brings in the technology and intellectual property developed by Riva across the Ethereum and other public chain ecosystems. Riva Labs focuses on translating post-quantum cryptography research into practical blockchain systems, covering hash-based post-quantum signatures, post-quantum MPC, wallet infrastructure, and hardware signing, and has previously demonstrated post-quantum signatures on consumer-grade hardware. Founders of both parties stated that the merger will accelerate the delivery of practical post-quantum security tools to the industry.