Relm Insurance has partnered with Project Eleven, a post-quantum security company focused on digital assets, to explore how quantum-resistant safeguards could influence insurance underwriting for institutional digital asset custody.
The development partnership will examine how institutions prepare for the potential threat posed by quantum computing and how their security measures could be assessed within existing digital asset insurance frameworks. The work will centre on Project Eleven’s Strongpoint institutional custody product, with both companies investigating how post-quantum readiness could become a factor in evaluating risk.
Quantum computing presents a potential challenge for digital asset security. A sufficiently powerful quantum computer could derive private keys from exposed public keys, putting digital assets at risk. As institutions consider how to prepare for this possibility, insurers may need to understand how custody systems can adapt their cryptographic protections before the threat materialises.
Strongpoint is designed to support this transition by combining conventional and post-quantum signing methods. Its architecture separates institutional controls from the cryptographic layer, allowing institutions to replace signing algorithms while preserving approval rules and audit history.
The collaboration will investigate several areas relevant to insurance risk assessment, including key exposure, signing systems, transaction approval processes, readiness for cryptographic migration and third-party dependencies. These areas will help inform how insurers could evaluate institutions’ exposure to emerging quantum-related threats and the measures in place to manage them.
Relm will also provide input into Strongpoint’s design and development, bringing its underwriting expertise to the product’s approach to security controls and auditability. The companies will explore what evidence institutions may need to demonstrate their post-quantum preparedness when seeking digital asset insurance.
Project Eleven CEO and co-founder Alex Pruden 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. Insurance plays a critical role in how markets assess and manage risk. We believe there is an opportunity for institutions that invest in stronger post-quantum defenses to eventually see that reflected in how their risk is evaluated. Working with Relm is an important first step toward understanding what that could look like in practice.”
Relm Insurance founder and CEO Joseph Ziolkowski added, “Insuring exposures across the digital asset ecosystem requires underwriters to anticipate how risks will evolve. Quantum computing is a clear example of an emerging threat that should shape the way we assess risk today. Our work with Project Eleven will explore how institutions identify their exposure, demonstrate effective controls, and prepare for the transition to post-quantum readiness. Bringing underwriting expertise into that process early can help lay the groundwork for insurance solutions that support confidence, resilience, and continued growth in digital assets.”
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