Northwire Canada EditionSaturday, July 25, 2026
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Financings

01 Quantum wrapper to be used in Quantum-Sig wallet

ONE · Price

Executive Summary

  • 01 Quantum Inc. announced a strategic alliance with qLABS to launch the "Quantum-Sig" smart contract wallet, designed to protect digital assets from quantum computing threats using 01 Quantum’s patent-pending quantum DeFi wrapper (QDW) technology.
  • The wallet provides enterprise-grade post-quantum cybersecurity for Web3 environments, supporting smart-contract-based tokens (Ethereum, Solana) and stablecoins (USDT, USDC) by requiring a quantum-resilient private key signature alongside classical keys.
  • Concurrently, partner qLABS confirmed the completion of an oversubscribed preseed financing round, raising $390,000 USD at an implied valuation of $6 million USD, with plans for two additional funding rounds.

Key Details

  • Product Launch: Introduction of the Quantum-Sig wallet, powered by 01 Quantum’s patent-pending quantum DeFi wrapper.
  • Technology & Security:
    • Utilizes a "PQC circuit breaker" architecture (U.S. Patent No. 19/396,202) to neutralize classical key compromise.
    • Functions similarly to multisignature wallets but adds a quantum-resilient private key signature requirement to smart contracts.
    • Compatible with existing Layer 1 chains (Ethereum, Solana) and does not require new wallets or chains for users.
    • Protects against "Q-Day" risks where quantum computers could break classical cryptography (e.g., ECDSA).
  • Ecosystem Token: The launch is tied to the qONE token, a quantum-resistant utility token on Hyperliquid that grants access to wallet functions, governance, and security features.
  • Financing (qLABS):
    • Completed preseed round financing.
    • Raised $390,000 USD in early-stage capital.
    • Implied market valuation of $6 million USD.
    • Round was oversubscribed by strategic investors.
    • Future plans include two additional financing rounds and broader token distribution.
  • Strategic Context: Addresses regulatory warnings regarding quantum resilience in the $3+ trillion digital asset market.

Notable Quotes

  • Antanas Guoga (Tony G), President of qLABS: "Quantum-Sig is a real breakthrough. We are delivering the security Web3 needs without changing the way people already hold and trade crypto."
  • Andrew Cheung, CEO of 01 Quantum: "We are excited to see our patent-pending QDW technology applied in a production environment to mitigate the Q-Day risk... This implementation demonstrates how our technology can deliver quantum-resilient transaction signing at scale."
Read the original news release →

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