By Isaac • July 23, 2026 5:38 pm •
Nine of the biggest names tied to institutional Bitcoin have agreed to spend $15 million on the network’s long-term security.
BlackRock, Coinbase, Fidelity Digital Assets and Strategy are in. So are Anchorage Digital, ARK Invest, Block, Blockstream and Galaxy.
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The group is called the Bitcoin Security Consortium, and its first focus is quantum computing. Yet the most important sentence in its launch may be the one that tells those firms what they cannot do.
The consortium says it will not direct Bitcoin development, take positions on protocol changes or speak for Bitcoin and its developers.
That boundary separates a developer-funding effort from an institutional governing body.
The Bitcoin Security Consortium announced aggregate pledges of $15 million
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