The $15M Shield: Wall Street and Crypto Titans Unite to Protect Bitcoin
A powerhouse alliance featuring BlackRock and Coinbase has launched a $15 million initiative dedicated to safeguarding the Bitcoin network. This strategic fund is designed to empower open-source developers and accelerate vital security research to ensure the protocol's integrity.
Beyond immediate support, the coalition is prioritizing quantum-resistant security research to defend against future technological threats. By bridging the gap between Wall Street and crypto-native firms, these leaders are fortifying Bitcoin's long-term resilience and institutional viability.
Nine major financial and crypto companies have created a new alliance to help safeguard Bitcoin’s future, committing $15 million to support open-source developers, advance quantum-resistant security research, and strengthen the network’s long-term security. The heavyweights backing this move include BlackRock, Coinbase, MicroStrategy, Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets, and Galaxy.
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