Mentioned:
There’s a new quantum computing company getting ready to make their Wall Street debut. And they’re aiming to build the future of post quantum security for digital assets.
What’s happening:
- BTQ Technologies (CBOE: BTQ) has officially been granted approval to list on the Nasdaq
Why it matters:
- BTQ Technologies is one of the only publicly listed quantum computing companies in the world focused on post quantum cryptography and securing digital assets from potential quantum computing threats
Going deeper:
- BTQ Technologies previously raised $40M CAD in an equity financing round to accelerate the development of their Quantum Stablecoin Settlement Network which is purpose built to be a secure platform for both banks and stablecoin issuers to deal with the various threats made possible by quantum computing
- Quantum computing has continued to make major waves on Wall Street lately, with Horizon Quantum Computing and Infleqtion both recently entering into new deals to become publicly traded on major stock exchanges in the United States
