Responsible Fintech Institute and crypto custody infrastructure provider Safeheron have launched a pilot for quantum-resistant digital asset wallets and onchain transfers, with participants drawn from Europe, the Middle East, and Asia. The pilot runs on a quantum-resistant NEAR testnet and uses a multi-party computation protocol that supports the ML-DSA-65 standard. Participating regulators include Abu Dhabi Global Market, Bhutan’s Gelephu Financial Services Office, and Malta’s Financial Services Authority, while Bison Bank and DK Bank are involved as financial institutions. Under the setup, banks will test wallet creation and transfers in a shared application environment. Regulators will observe in the first phase before taking part in governance workflows later. The organizers said they plan to publish a white paper covering the research, protocol design, and test results, and will gradually open-source the underlying technology. Cointelegraph also noted that the Hong Kong Monetary Authority aims to have Hong Kong’s banking sector fully prepared for quantum security risks by 2030, while a 2025 report from the Bank for International Settlements recommended that financial institutions migrate to post-quantum systems in phases.
Responsible Fintech Institute (RFI) and crypto asset custody infrastructure provider Safeheron have launched a pilot for quantum-resistant digital asset wallets and onchain transfers, according to Odaily, citing Cointelegraph.
The pilot includes participants from Europe, the Middle East, and Asia. It runs on a quantum-resistant NEAR testnet and uses a multi-party computation protocol that supports the ML-DSA-65 standard.
Banks in the program will test wallet generation and transfers in a shared application environment. Participating regulators are Abu Dhabi Global Market, Bhutan’s Gelephu Financial Services Office, and Malta’s Financial Services Authority. Bison Bank and DK Bank are taking part as financial institutions.
In the first phase, regulators will observe the process. They are expected to join governance workflows later.
The organizers said they plan to release a white paper covering the research, protocol design, and test results. They also intend to gradually open-source the underlying technology.
Cointelegraph added that the Hong Kong Monetary Authority plans to have Hong Kong’s banking sector fully prepared for quantum security risks by 2030. A 2025 report from the Bank for International Settlements recommended that financial institutions move to post-quantum systems in stages.
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