BlackRock, Coinbase, Strategy Among Nine Firms Launching the Bitcoin Security Consortium, Pledging $15 Million To BTC Security Development

Nine institutional Bitcoin firms, including BlackRock, Coinbase, and Fidelity Digital Assets, launched the Bitcoin Security Consortium, pledging $15 million over three years to fund Bitcoin's long-term security, including quantum computing preparedness. The consortium, led by Mike Schmidt of Brink, supports developers and researchers without directing protocol changes or speaking for Bitcoin's decentralized community.