On January 3, the post-quantum privacy protection public chain project Abelian announced that it has completed a financing of 3 million US dollars, led by Draper Dragon, and the remaining investors include high-net-worth individuals and family offices. This fundraising is used for project technology development , reserves, marketing and support for Abelian ecological partners.

Draper Dragon is a cross-border venture capital fund connecting Silicon Valley and Asia. It is committed to finding early-stage companies that can disrupt and change the industry landscape. It has invested in Coinbase (NASDAQ: COIN), MicroPort Medical (HK: 0853), Ledger, Epro Pay for other unicorn projects.

Abelian is the world's first post-quantum (anti-quantum) privacy-protected L1 blockchain. It adopts the lattice-based cryptographic algorithm standardized by NIST and proves its security through cryptography. It aims to realize digital gold 2.0 and create an anti-quantum and Privacy-protected encryption ecosystem, and build L2 network and post-quantum zero-knowledge bridge to support EVM-equivalent blockchain network and empower Web3 and DeFi applications.