[Project Eleven completes $20 million financing, post-money valuation approximately $120 million] According to Axios, Project Eleven has completed $20 million in financing, with a post-money valuation of approximately $120 million. The company is dedicated to protecting cryptocurrencies from future quantum computing attacks. It is developing cryptographic solutions resistant to quantum computing decryption, aiming to provide upgrade paths for existing public blockchains and crypto assets to address the risk of quantum computing potentially compromising the security of current cryptographic algorithms.