Project Eleven Launches Strongpoint Custody with Zcash Foundation
Zcash (ZEC)
Editor:
Eugene Serbin
Project Eleven has introduced Strongpoint, a new institutional custody platform designed to manage digital assets during the transition to post-quantum cryptography, according to a report by prnewswire.co.uk. The Zcash Foundation has joined as an initial development partner to help shape the platform's architecture. Strongpoint provides a consistent control layer that allows institutions to maintain security standards even as underlying network cryptography changes.
Alex Pruden, CEO of Project Eleven, stated that the platform is built around crypto-agility so infrastructure does not need constant rebuilding. Alex Bornstein, Executive Director of the Zcash Foundation, noted that the collaboration supports privacy-preserving requirements over time. The partnership leverages Zcash's sophisticated key-management needs to refine the custody infrastructure.
Project Eleven found that only 10 of the top 20 Layer 1 assets have published specific post-quantum migration proposals. These networks utilize at least six different signature schemes, creating a coordination challenge for institutions. Strongpoint aims to provide a common operating layer while allowing the underlying cryptography to evolve independently. The company targets production deployment in Q4 2026 and recently acquired Riva Labs to expand its engineering capabilities.
How the market reacted
Whalio's own Binance spot order flow for ZEC, measured when this story was written up on 7 October 2026. Not the outlet's figures.
Zcash is trading at $1,366.65 with a 24-hour buy ratio of 60.3%, indicating that buyers are dominating the session. This buying pressure is stronger than the 4-hour reading of 48.2%, suggesting that momentum is building rather than fading. The 1-hour buy ratio stands at 54.3%, showing a slight pullback from the daily average but still maintaining a buyer advantage. Volume delta reflects this activity with a positive $398,721 in the last hour and a substantial $33,610,356 over 24 hours. A positive volume delta means that the total value of buy orders has exceeded sell orders during these periods. This net inflow has resulted in a cumulative volume delta of $20,554,458 by the 24-hour close.
The latest daily buy ratio of 52.9% sits at the 82nd percentile of the last 322 days, against a median of 50.2% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ZEC, averaged over the days leading up to the story.
The current 24-hour buy ratio of 60.3% is 11.7 percentage points higher than the 7-day average of 48.7%. This indicates that today is an unusually active day for buyers compared to the recent weekly norm. However, the 24-hour spot volume of $162,154,983 is only 0.81 times the weekly average, suggesting lower overall participation despite the higher buy ratio. Over the preceding eight days, the coin has seen a price change of -3.6% and a total volume delta of -$18,232,883. This weekly context shows that the current positive flow is a sharp reversal from the net selling pressure observed over the past week.