Nine of the biggest institutional names in Bitcoin went public today with a joint initiative to fund the network's long-term security—including defenses against quantum computers—backed by a combined $15 million in member pledges over the next three years. The group, called the Bitcoin Security Consortium, includes BlackRock, Coinbase, Strategy, Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets, and Galaxy. Day-to-day coordination falls to Mike Schmidt, executive director of Brink—a nonprofit that funds Bitcoin open-source developers—who takes on the role as a volunteer.