The participants also include Galaxy, Fidelity Digital Assets, Anchorage Digital, ARK Invest, Block, and Blockstream. These companies bring together the main segments of the industry — from major BTC holders to crypto infrastructure providers. Over the next three years, they will jointly allocate $15 million. In addition, Galaxy separately committed $5 million to help protect BTC from quantum threats. The consortium will be led on a voluntary basis by Brink CEO Mike Schmidt. Each company will direct funds to research of its own choosing. Consortium members are connected to at least 8.7% of BTC, worth $116 billion. In June, Coinbase identified 7 million BTC ($459.5 billion) vulnerable to quantum attacks, the majority of which belongs to active users.