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Fortune
Fortune
Business
Joshua Hong

‘The great quantum migration’ is coming as more than $2 trillion in digital assets is at risk—nearly the entire value of the overall crypto market

MareNostrum Ona quantum computer inside the Barcelona Supercomputing Center facilities, in Plaza Eusebi Guell, on 28 May, 2026 in Barcelona, Catalonia, Spain. (Credit: Photo By David Zorrakino/Europa Press via Getty Images)

Watch out crypto-bros—it might be time to start moving assets. Researchers are making progress toward quantum computers powerful enough to undermine the mathematical assumptions that currently protect cryptocurrency and other blockchain-based assets.

Because of this, the industry needs to replace its cryptographic infrastructure before the quantum computers arrive.

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