Finance

Ripple Enters Post-Quantum Security Pact as XRP Ledger Fortifies Against Future Threats

As the XRP Ledger surpasses $3 billion in tokenised real-world assets and ETF inflows accelerate, Ripple moves to secure its infrastructure against quantum computing vulnerabilities.

Author
Owen Mercer
Markets and Finance Editor
Published
Draft
Source: Yahoo Finance · original
Ripple Teams Up With Project Eleven on Post-Quantum Upgrade — Here’s Where XRP Price Could Go Next
Partnership with Project Eleven marks shift from theoretical research to engineering execution for the XRP Ledger.

Ripple has announced a strategic collaboration with post-quantum cryptography firm Project Eleven to prepare the XRP Ledger (XRPL) for the emerging threat of quantum computing. The partnership involves a comprehensive security audit of the ledger’s validator, wallet, custody, and networking infrastructure, with Project Eleven set to implement quantum-resistant security solutions. These measures include hybrid cryptographic signatures and quantum-secure custody wallets, aiming to transition the network from theoretical research to practical engineering execution.

Project Eleven CEO and Co-founder Alex Pruden described the engagement as an execution-focused engineering challenge rather than theoretical research. He noted that while most blockchain discussions around quantum computing have remained at the research stage, Ripple is treating the issue as an immediate operational requirement. The initiative seeks to deliver working code implementations, real-world performance benchmarks, and a roadmap for production deployment, aligning with global moves by governments and technology firms to migrate away from encryption methods vulnerable to quantum decryption.

RippleX Head of Engineering J. Ayo Akinyele supported the move, warning that the quantum threat is no longer hypothetical. He highlighted that the XRPL possesses key infrastructure advantages, such as validator coordination mechanisms and key rotation capabilities, which could facilitate a smoother transition to post-quantum standards. This proactive stance coincides with broader industry urgency, including a US government deadline of 2035 for federal systems to migrate from vulnerable encryption and recent advancements by the National Institute of Standards and Technology in post-quantum cryptography standardisation.

The security upgrade comes amid significant growth in XRP’s institutional fundamentals. Tokenised real-world assets (RWAs) on the XRPL have surpassed $3 billion, representing a 59 per cent increase in one month across 291 projects. Ripple’s broader financial infrastructure is also expanding, with its acquisition of prime brokerage firm Hidden Road for $1.25 billion, which reportedly triples revenue year-over-year and clears more than $3 trillion annually in trading volume. Additionally, Ripple secured a $200 million asset-backed debt facility from Neuberger Berman.

Market sentiment is further bolstered by growing capital inflows into XRP-focused exchange-traded funds. Spot XRP ETFs recorded $25.8 million in net inflows on May 11, their largest daily figure since January, contributing to cumulative inflows of approximately $1.35 billion. Franklin Templeton’s XRPZ is leading recent activity, with analysts suggesting institutional investors view these products as long-term accumulation vehicles rather than short-term price catalysts. If XRP maintains momentum above key psychological support zones, analysts believe the token could attempt a move toward the $1.50-$2 range in the medium term, with a stronger market rally potentially reopening the path toward previous cycle highs above $3.

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