BTQ and ICTK signed a 15 million USD quantum secure chip development and joint investment protocol.

Golden Finance reports that BTQ has signed a development and joint investment protocol worth 15 million USD with ICTK to jointly develop the quantum secure element chip “Memory Quantum Computing” (QCIM). The two agreements cover joint design through verification and BTQ's equity investment, with ICTK providing physical cost sharing and priority manufacturing capabilities. This collaboration aims to address the increasingly severe cybersecurity threats in the era of Quantum Computing, with a particular focus on protecting digital assets and the stablecoin market. Furthermore, this partnership complements South Korea's efforts to accelerate the deployment of quantum security technologies in the fields of defense, finance, and communications, enhancing the commercialization speed and strategic autonomy of quantum security technologies.