Project Eleven, a post-quantum security company for digital assets, announced on October 20, 2026 that Relm Insurance has become a development partner for Strongpoint, its flagship institutional custody product. The partnership will explore how an institution's post-quantum security controls could be evaluated within digital asset insurance underwriting.
As quantum computing advances, a sufficiently powerful machine could derive private keys from exposed public keys, allowing attackers to compromise digital assets. Strongpoint is designed to help institutions transition by combining classical and post-quantum signing and separating institutional controls from the cryptography layer. This allows institutions to replace signing algorithms while preserving approval rules and audit history.
Alex Pruden, CEO and Co-Founder of Project Eleven, said: 'Every institution holding digital assets will eventually need to prepare for post-quantum cryptography. The open question is whether that transition happens on the institution’s schedule or under pressure.' He added that insurance plays a critical role in how markets assess and manage risk, and institutions with stronger post-quantum defenses may eventually see that reflected in risk evaluations.
Through the development partnership, Relm and Project Eleven will examine key exposure, signing systems, transaction approvals, migration readiness, and third-party dependencies. Relm will also provide input into Strongpoint’s design to help Project Eleven understand how custody infrastructure can better support insurance underwriting and risk assessment. Joseph Ziolkowski, founder and CEO of Relm Insurance, said quantum computing is a clear example of an emerging threat that should shape how risk is assessed today.
The collaboration is exploratory, and any future implications for underwriting or insurance premiums would be subject to further evaluation and Relm’s independent underwriting processes.
