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M&A / Property

HYLQ Strategy acquires 18.33 million qONE tokens

By The Northwire Desk — AI Analysis Feb 18, 2026 · 17:56 HYLQ · 0.90 HYLQ Strategy Corp
HYLQ · Price

Executive Summary

  • HYLQ Strategy Corp. completed a strategic investment in qLABS, acquiring 18,333,334 qONE tokens via an over-the-counter transaction with the Quantum Labs Foundation.
  • The total aggregate purchase price for the transaction was $100,000 USD, representing a purchase price of six U.S. cents per token, inclusive of a 10% bonus token allocation.
  • The investment targets quantum-resistant infrastructure within the Hyperliquid ecosystem, specifically supporting qLABS' development of quantum-safe cryptographic solutions and smart contract wallets.

Key Details

  • Transaction Counterparty: Quantum Labs Foundation.
  • Asset Acquired: qONE tokens (native token of the qLABS ecosystem).
  • Total Investment Amount: $100,000 USD.
  • Purchase Price: $0.06 USD per token.
  • Total Tokens Received: 18,333,334 qONE tokens.
  • Bonus Terms: The transaction included a 10% token bonus.
  • Blockchain Network: HyperEVM (Hyperliquid).
  • Settlement: Settled in U.S. dollars.
  • Strategic Rationale: To support quantum-resistant infrastructure and address systemic risks related to "Q-Day" (when quantum computers may break current cryptographic systems).
  • qLABS Technology: Developing the Quantum-Sig smart contract wallet for quantum-safe protection and an L1 Migration Toolkit for transitioning Layer-1 blockchains to quantum-resistant cryptography.
  • Underlying Technology: qLABS leverages IronCAP by 01 Quantum Inc. (TSX-V: ONE), a NIST-approved post-quantum cryptography system.
  • Token Utility: qONE grants access to quantum-resilient wallet functions, protocol governance, and broader quantum-safe infrastructure.

Notable Quotes

  • "As quantum computing advances toward Q-Day, protecting crypto assets from quantum threats is becoming increasingly critical," said Matt Zahab, chief executive officer of HYLQ Strategy. "qLABS is building essential quantum-resistant infrastructure natively on Hyperliquid, addressing a systemic risk that threatens the entire blockchain industry. This investment aligns perfectly with HYLQ's mandate to support innovative companies within the Hyperliquid ecosystem that are building foundational infrastructure for the future of decentralized finance."
Read the original news release →

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