Northwire Canada EditionMonday, October 19, 2026
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M&A / Property

01 Quantum launches $qONE token

By The Northwire Desk — AI Analysis Feb 03, 2026 · 17:57 ONE · 0.58 01 Quantum Inc
ONE · Price

Executive Summary

  • 01 Quantum Inc. has launched the $qONE token and the Layer 1 migration toolkit in collaboration with qLABS, a crypto foundation focused on quantum-resistant security.
  • The $qONE token is scheduled for issuance on the Hyperliquid platform on February 6, 2026, with the Layer 1 migration toolkit becoming available by the end of March 2026.
  • The toolkit provides a phased framework for blockchains (including Ethereum, Solana, and Hyperliquid) to transition to post-quantum cryptography (PQC) without disrupting existing infrastructure or requiring hard forks.

Key Details

  • Token Launch: The $qONE token, a quantum-resistant ecosystem token powering the qONE security protocol, will be issued on Hyperliquid on February 6, 2026.
  • Toolkit Availability: The Layer 1 migration toolkit will be available by the end of March 2026.
  • Technology Stack: The toolkit utilizes 01 Quantum’s patented technologies, including the Quantum Crypto Wrapper (QCW) and Quantum DeFi Wrapper (QDW) with a PQC Circuit Breaker, combining post-quantum cryptography with zero-knowledge proofs.
  • Migration Framework: The toolkit employs a three-phase approach:
    1. Immediate asset protection via Quantum-Sig smart contract wallet technology.
    2. Post-quantum architecture design aligning with validator and developer constraints.
    3. Implementation and activation, integrating PQC with zero-knowledge proofs, testing, audits, and coordinated rollout.
  • Target Compatibility: The solution is designed for smart-contract-based blockchains including Ethereum, Solana, Hyperliquid, and major stablecoins.
  • Leadership Roles: Andrew Cheung serves as CEO of 01 Quantum and CTO of qLABS; Antanas Guoga (Tony G) serves as President of qLABS.

Notable Quotes

  • "Quantum computing poses a systemic risk to today's blockchain security model," said Andrew Cheung, chief executive officer of 01 Quantum and chief technology officer of qLABS. "The Layer 1 migration toolkit delivers a realistic, deployable path for blockchains to prepare for Q-Day using postquantum cryptography without sacrificing performance."
  • "By combining enterprise-grade postquantum security with Web3-native deployment, we are enabling quantum safety where liquidity and users already exist," said Antanas Guoga (Tony G), president of qLABS.
Read the original news release →

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