Coinbase has formed an expert council to prepare Bitcoin for the risks of quantum computing

Coinbase has launched an independent advisory board aimed at preparing Bitcoin and the broader blockchain ecosystem for the long-term risks posed by quantum computing, as developments in the field raise questions about the robustness of current crypto standards.

Key points:

• Coinbase Takes First Steps to Address Potential Quantum Threats to Blockchain Security
• A committee of independent experts will assess the risks and publish guidelines for the cryptocurrency sector.
• The goal is to prepare years before quantum computing becomes a real threat.

The platform said in a recent blog post that quantum computers, once developed at scale, could disrupt industries ranging from healthcare and finance to national security.

For blockchain networks, the implications are particularly serious. Most major chains, including Bitcoin and Ethereum, rely on elliptic curve cryptography, a system today considered secure but which can be vulnerable to attacks from sufficiently powerful quantum computers.

Coinbase Launched Independent Advisory Board to Address Quantum Computing Risks

To address this possibility, Coinbase is forming an independent Quantum Computing and Blockchain Advisory Council, which brings together leading researchers to assess emerging risks and provide guidance to developers, institutions and users.

According to Coinbase, the council will operate independently and publish briefing papers assessing the state of quantum computing and its implications for blockchain security.

It will also publish practical recommendations on how individuals and organizations can prepare for long-term quantum threats, and provide timely analysis when major advances in quantum research occur.

The advisory board includes many prominent figures in the fields of cryptography, quantum computing, and blockchain research.

Members include Scott Aaronson, a leading quantum computing researcher and director of the Center for Quantum Information at the University of Texas at Austin, Dan Bonnet, a cryptography professor at Stanford University, Justin Drake, a researcher at the Ethereum Foundation, Sriram Kannan, founder of EggLayer, Yehuda Lindell, head of cryptography at Coinbase, and Dalia Malkhi, a specialist in secure distributed systems and head of the FinTech Foundations Research Lab at UC Santa Barbara.

Coinbase says the group’s collective expertise aims to help the industry move beyond theoretical discussions and toward concrete planning.

Although there are no large-scale quantum computers capable of breaking current encryption yet, the company says preparation should begin years in advance.

Coinbase plans to release its first advisory board position paper early next year, which presents a baseline assessment of quantum computing risks and potential pathways to resilience.

Coinbase says tokenization could open global capital markets to billions of excluded people.

As reported, Coinbase CEO Brian Armstrong outlined a plan to expand access to global capital markets through blockchain-based tokenization, arguing that billions of adults are still deprived of investing in stocks and bonds.

In a new policy paper, Coinbase argues that structural barriers have prevented nearly two-thirds of the world’s adult population from creating wealth, while returns to capital continue to outpace wages.

The document highlights strong geographic and economic disparities in market participation. While more than half of U.S. adults invest in stocks or bonds, participation falls to less than 10% in countries like China and India.

Armstrong argues that access is largely determined by where a person is born rather than their talent, highlighting the intense local bias that keeps investors focused on local markets despite their limited exposure to global growth.

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