Project Eleven Acquires Riva Labs to Scale Post-Quantum Cryptography and Blockchain Infrastructure Stack

quantumcomputingreport.com Oct 1, 2026

Project Eleven Acquires Riva Labs to Scale Post-Quantum Cryptography and Blockchain Infrastructure Stack

Curated by Shubham · TechCapsules · Oct 1, 2026

AI-summarised brief · reviewed before publication

Project Eleven announced the acquisition of Riva Labs, a blockchain cryptography developer, to strengthen its post‑quantum security offerings. The deal merges expertise in hash‑based signatures, post‑quantum multi‑party computation, account abstraction, and hardware signing for Ethereum and other Layer‑1 blockchains. It addresses vulnerabilities in current public‑key schemes exposed by quantum computing, integrating post‑quantum primitives across key management, smart‑contract wallets, and consensus rules. The combined team will use AI‑driven research to accelerate cryptographic development and deploy low‑overhead, consumer‑grade post‑quantum signing solutions.

💡 Why It Matters

· The merger positions Project Eleven to deliver end‑to‑end quantum‑resistant infrastructure, potentially setting a new industry standard for secure blockchain operations.

Read full article on quantumcomputingreport.com

Citigroup Expands Tokenized Deposit Service to Japan, UAE

Citigroup announced on September 28 that its Citi Token Services (CTS) blockchain‑based tokenized deposit platform will now operate in Japan and the United Arab Emirates, bringing the service to seven jurisdictions alongside the United States, Ireland, Hong Kong, Singapore and the United Kingdom. CTS lets corporate clients convert bank‑backed deposits into digital tokens on a permissioned ledger and move them across Citi’s network in near‑real time, bypassing traditional banking hours and holidays. The expansion adds dollar‑denominated transfers for Japan and both dollar and euro transfers for the UAE, enabling 24‑hour liquidity management for multinational firms. Citi says the platform already processes billions of dollars in transactions and plans to add more markets and currencies, with South Korea cited as the next target.

💡 Real‑time, bank‑backed token transfers give global companies a faster, lower‑cost alternative to legacy correspondent banking, accelerating the adoption of blockchain for corporate cash management.

newsbtc.com · Sep 27

Mantle Says Tokenized Asset Count Has Jumped From 71 To 1,473 This…

Mantle reported that the number of tokenized assets on its blockchain surged to 1,473, up from 71 at the start of 2026. The Distributed Asset Value (DAV) associated with these tokens reached approximately $476 million, a 110 % increase over the previous 30 days. The growth spans tokenized equities, ETFs, regulated stablecoins and other real‑world assets issued by firms such as xStocks, Securitize, Ethena and Paxos. Mantle emphasizes that the expansion reflects a shift from mere issuance to broader distribution, linking assets with exchanges, custodians, market makers and DeFi protocols. While the $476 million figure remains modest versus traditional securities markets, the twenty‑fold rise in asset count within a year signals a maturing tokenized‑finance ecosystem. Investors are viewing these tokens as portfolio components.

💡 The rapid scaling shows blockchain platforms can now support a diversified suite of regulated securities, moving tokenization from niche experiments to a functional market layer.

newsbtc.com · Sep 26

HIFI Raises $37M To Build Stablecoin And Tokenized Market Infrastructure

HIFI Bridge secured $37 million in a Series A round led by Left Lane Capital, aiming to broaden its stablecoin payment, card, and tokenized securities infrastructure. The company currently processes over $7 billion in annualized volume across 87 countries, linking traditional bank rails with on‑chain settlements. The funding will support expansion into stablecoin‑backed card products and infrastructure for tokenized capital‑market transactions, following recent collaborations with DTCC, Visa, and major financial institutions. The round underscores HIFI’s role as a bridge between conventional finance and emerging tokenized assets.

💡 By scaling its stablecoin‑enabled payment network, HIFI positions itself to streamline the cash leg of tokenized trades, a critical bottleneck in modern securities settlement. This could accelerate broader adoption of tokenized assets in mainstream markets.

nst.com.my · Sep 25

Digitising mining processes could curb leakages, data manipulation, says expert

An industry expert has warned that digitising mining operations could significantly reduce leakages and data manipulation, citing the need for transparent, real‑time monitoring systems. The expert, speaking at a recent conference, highlighted how automated data collection and blockchain‑based record keeping can expose discrepancies in ore extraction and waste disposal. He noted that current manual processes allow for costly errors and environmental violations, while digital tools can enforce compliance and improve resource allocation. The push for digital transformation is part of a broader effort to modernise mining and enhance regulatory oversight.

💡 By embedding tamper‑proof data streams into mining workflows, companies can cut operational waste and strengthen environmental accountability, reshaping industry standards.

alltechmagazine.com · Sep 25

Why Ripple Just Gave AI Agents Their Own Payment Rail and What…

Ripple announced on July 10, 2026 the XRPL AI Starter Kit, a toolkit that equips autonomous AI agents with direct access to the XRP Ledger for payments, compute billing, and invoice settlement. The kit bundles an MCP server for documentation, an Agent Wallet Skill, and a Payment Skill, enabling developers to build machine‑to‑machine transactions without human approval. Ripple’s move follows a decline in XRP’s price, which has fallen 56 % from its July 2025 peak, but signals a strategic shift toward practical utility for the token.

💡 By granting AI agents a native payment rail, Ripple positions XRP as the backbone for automated commerce, potentially reshaping how businesses handle micro‑transactions and reducing friction in digital economies.

newsbtc.com · Sep 25

Circle Takes FX Onchain With 24/7 Stablecoin Settlement On Arc

Circle has launched StableFX on its Arc network, enabling approved institutions to conduct 24/7 stablecoin‑based foreign exchange settlement. The platform pulls request‑for‑quote pricing from multiple liquidity providers and uses a payment‑versus‑payment smart‑contract settlement, ensuring both legs of a trade complete together or neither does, thereby reducing principal risk. Users can settle immediately or net trades over programmable windows. StableFX supports USDC, EURC, and tokenized representations of AUD, BRL, JPY, CAD, and ZAR, while Circle supplies APIs and contracts without holding custody.

💡 By moving FX settlement onto a blockchain, StableFX eliminates traditional banking windows, offering institutions continuous, risk‑mitigated cross‑currency liquidity that could reshape daily treasury operations.