Quantum-safe Layer-1 blockchain developer Diamante Financial has completed a $1.5 million strategic funding round, with participation from Khofiz Shakhidi

According to Einnews, quantum-safe Layer-1 blockchain developer Diamante Financial announced the completion of a $1.5 million strategic funding round, with participation from Khofiz Shakhidi, founder of Jefferson Capital Ltd and co-founder of Minexx Ltd.

The new funds will support its development of a production-grade L1 encryption network based on post-quantum cryptography technology (FIPS 204) to address the quantum security vulnerabilities faced by crypto assets.