PQ signature readiness

Post-quantum:
Taurus is ready.

Crypto-agile by design, built for the post-quantum migration. Taurus started preparing institutional digital asset custody for post-quantum cryptography in 2021, long before regulators asked. Key connections already run hybrid key exchange, backups are quantum-safe, and migration follows FIPS and CNSA guidelines.

X25519 + ML‑KEM Hybrid key agreement, in production
SSH · TLS 1.3 · VPN Quantum-safe connections
FIPS & CNSA Standards-aligned migration
01Since 2021

What Taurus did

We started our quantum-readiness work in 2021. Not because regulators asked, but because the risk cannot be ignored, like any high-impact scenario in our business continuity planning.

Our team has advocated for the transition to post-quantum cryptography (PQC) for years and has advised private and public organizations on it. Concretely, six measures are deployed:

Crypto inventory and prioritization

In 2022 we reviewed all the places where Taurus uses cryptography and identified which ones must migrate first.

Post-quantum VPN connectivity

Our infrastructure runs post-quantum hybrid key exchange, protecting confidentiality even against "store-now, decrypt-later" attacks.

Quantum-immune backups

Our long-term backups, including databases and digital asset keys, rely only on quantum-safe cryptography.

PQC in our policies

The standards ML‑DSA, SLH‑DSA, and ML‑KEM, as well as hybrid modes and key lifecycle requirements, are already defined in our key management and cryptography policy.

Taurus‑PROTECT designed for PQ integration

The API, key-derivation logic, and signing modules can accommodate PQC signatures and PQC/hybrid KEMs the moment blockchains support them. This is called cryptographic agility, or "crypto agility."

Outreach and awareness

In 2023 we published articles on quantum risk assessment and the post-quantum technology landscape, and presented at the BlackAlps conference on proactive mitigation measures.

02The quantum computing risk

Why prepare now

A large enough quantum computer running Shor's algorithm could break most deployed public-key cryptography: transaction signing, TLS, SSH, key wrapping, PKI. Nobody knows when such a machine will exist, and migrations take years.

The risk is not only in the future. Harvest-now-decrypt-later attacks work today: an adversary records encrypted traffic, stores it, and decrypts it once a capable quantum computer exists. Any data that must stay confidential for years is at risk right now, so transport encryption and backups come first.

The tools exist and the deadlines are set. NIST published its first post-quantum standards in August 2024, and NIST IR 8547 deprecates ECDSA, EdDSA, and RSA after 2030 and disallows them after 2035.

2021
Taurus starts its post-quantum program, sharing its thinking publicly since 2023
2024
NIST publishes the first post-quantum standards: FIPS 203, 204, 205
2026
Taurus key connections post-quantum: hybrid X25519 + ML‑KEM on SSH, TLS, VPN
2030
NIST IR 8547 deprecates ECDSA, EdDSA, RSA; blockchains expected to migrate by or before 2029
2035
ECDSA, EdDSA, and RSA disallowed under NIST IR 8547
03The architecture question

Post-quantum signature readiness:
HSM vs. MPC

Tier-1 HSMs already support every post-quantum signature family within a protected hardware boundary. MPC requires a new threshold protocol for each family: very recent for ML‑DSA, and mathematically impossible for the hash-based schemes selected by Circle and Aptos and under consideration by Ethereum.

PQ signature family
Examples
Selected by
HSM
MPC
Lattice-based signatures
ML‑DSA (Dilithium), FN‑DSA (Falcon)
Supported Built-in or via functionality module
Caution Possible, but needs time for production readiness
Hash-based signatures
SLH‑DSA / SPHINCS+, LMS/HSS
Circle, Circle Arc, Aptos, Ethereum
Supported Built-in or via functionality module
Theoretically impossible Due to the mathematical structure of the scheme
Multivariate
No standard yet; NIST candidates MAYO, QR‑UOV, SNOVA, UOV
Supported Built-in or via functionality module
Caution Most MPC-friendly, needs time for readiness
MPC-in-the-head
NIST candidates MQOM, SDitH; South Korean standard AIMer
Supported Built-in or via functionality module
Caution Not MPC-friendly, needs more research
Easily supported with no new material risk Possible in principle, not production-grade, introduces new protocol risks Impossible to support, due to the mathematical structure of the scheme

Source: Taurus white paper "Quantum Computing Risk in Digital Asset Custody: HSM vs. MPC" (June 2026).

MPC can make key compromise harder, but it does not change the signature scheme accepted by the blockchain. If the network validates ECDSA or EdDSA, the final on-chain security still depends on elliptic curve cryptography. Distributing the signing process does not change that.

04An honest constraint

No provider can claim full
post-quantum coverage today

Three constraints cap what any custody or tokenization provider can honestly promise:

01 · Blockchains Custodians cannot switch unilaterally

Bitcoin and Ethereum validate signatures under the rules of their own protocols. A post-quantum signature submitted today would simply be rejected, whatever signing infrastructure produced it. Moving on-chain signing to post-quantum schemes requires protocol changes and ecosystem consensus, expected by or before 2029.

02 · Standards Compatibility is the real bottleneck

The NIST algorithms are published, but their integration across TLS, SSH, JWT, KMS, and SDKs has not converged. Hybrid modes are standardized for transport protocols, while many toolchains and libraries are still catching up, so end-to-end compatibility, not cryptography, is the limiting factor.

03 · Third parties Hardware vendors, partners, and clients set the pace

HSM firmware, hardware tokens, and partner and client integrations each follow their own roadmaps. A custody stack migrates only as fast as its slowest dependency, which is why crypto agility matters more than any single migration date.

The realistic objective is to make every layer you control ready, keep the architecture crypto-agile, and migrate on-chain when the ecosystem gets there. This is what Taurus did.

05The post-quantum readiness framework

A practical migration framework

Post-quantum migration has no fixed completion date: legacy cryptography may stay in production alongside post-quantum controls for years. These five steps are how Taurus recommends financial institutions manage the transition. Select a step to explore it.

Step 01 · Observe

Build the cryptographic inventory

An inventory of the places where public-key cryptography is used cannot be built from memory or vendor documentation alone. It requires reviewing live configurations, firmware versions, and integration specifications. The goal is a specific, named list of systems with an assigned owner for each.

  • Blockchain transaction signing and the signature schemes in use
  • HSM key types and firmware versions; MPC protocol dependencies
  • TLS, SSH, IPsec, VPN configurations; internal PKI; approval tokens
  • Code signing, backup encryption and key wrapping, client API authentication, third-party integrations
  • For vendors: verify claimed post-quantum support on live systems, and ask for a formal roadmap where support is missing
Step 02 · Assess

Prioritize by risk and cost

Prioritize systems along two dimensions: the impact of quantum computing attacks (assets, breadth of impact, compliance) and how hard the system is to migrate. Use the risk model your organization already knows.

  • Sort systems into three groups: upgrade now, pilot, or accept the residual risk with a defined review date
  • Long-lived confidential data first: harvest-now-decrypt-later makes key agreement, encryption, and key wrapping the immediate priority
  • Systems that authorize asset movement next: transaction signing, policy enforcement, approval workflows
Step 03 · Decide

Turn assessment into explicit decisions

Which systems need action now? Where should hybrid or non-hybrid schemes be deployed? Which vendors need roadmap commitments written into contracts? Inaction by default is not the same as consciously accepting the risk: if a system is not being migrated yet, make that an explicit, documented decision.

  • Align internal deadlines with NIST's 2030 deprecation and 2035 disallowance schedule
  • Select HSM features for test environments; identify MPC subprotocols needing cryptographic audit
  • Build blockchain asset migration watchlists and update cryptography policies
Step 04 · Communicate

Calibrate the message for each audience

Systems are not suddenly unsafe, but the cryptographic assumptions they rely on are changing, and the institution has a structured plan to address that. That is the message, calibrated per audience.

  • Internal: board and executive updates, engineering guidance, risk and compliance documentation, procurement requirements, operational runbooks
  • External: client-facing roadmap summaries, regulator and auditor responses, vendor coordination plans, ecosystem participation in blockchain protocol upgrades
Step 05 · Act & monitor

Implement, review, and catch regressions

Deploy hybrid transport where available, update cryptography and key management policies, test HSM post-quantum features. As in any IT project, expect the unexpected.

  • Apparent readiness does not mean you are done: as new products, commits, and vendors arrive, quantum-unsafe cryptography may sneak back in
  • Maintain processes that catch quantum-unsafe regressions as early as possible
  • Monitor blockchain migrations actively and HSM FIPS 140-3 post-quantum validation
06Answers

Post-quantum custody, explained

What does post-quantum ready mean for digital asset custody?
No custody provider can honestly claim full post-quantum coverage today, because public blockchains still validate classical signatures. Post-quantum ready means making every layer you control quantum-safe: transport security, backups, authentication, key management, while keeping the architecture crypto-agile so on-chain signing can migrate as soon as blockchains accept post-quantum signatures. Taurus has run this program since 2021.
Are HSMs post-quantum ready?
Yes. Tier-1 HSMs already support post-quantum signature algorithms, built in or via functionality modules, within a protected hardware boundary, subject to firmware version. This covers all four post-quantum signature families: lattice-based, hash-based, multivariate, and MPC-in-the-head schemes.
Is MPC custody post-quantum ready?
No. MPC requires a practical threshold protocol for each signature family before it can support that scheme at all. Protocols for ML‑DSA are very recent (2025–2026) and not validated for production. Hash-based signatures such as SLH‑DSA, under consideration by Ethereum and selected by Circle and Aptos, are mathematically incompatible with MPC computation: the underlying hash functions lack the algebraic structure needed to distribute signing while satisfying completeness, correctness, and privacy.
What is a harvest-now-decrypt-later attack?
An adversary records your encrypted traffic today, stores it, and decrypts it once a capable quantum computer exists. Any data that must stay confidential for years is at risk right now. This is why transport encryption and backups should migrate first; signature risk concerns future transactions, not historical ones.
What are the NIST post-quantum standards and deadlines?
Three standards are fully specified: ML‑KEM (FIPS 203) for key agreement, ML‑DSA (FIPS 204) for lattice-based signatures, and SLH‑DSA (FIPS 205) for hash-based signatures, with FN‑DSA (FIPS 206) and HQC in progress. NIST IR 8547 deprecates ECDSA, EdDSA, and RSA after 2030 and disallows them after 2035.
What is cryptographic agility?
Cryptographic agility, or crypto agility, is the ability to replace cryptographic algorithms without redesigning the system. Taurus‑PROTECT's API, key-derivation logic, and signing modules can accommodate post-quantum signatures and hybrid key encapsulation the moment blockchains support them, so custody migrates at the pace of the ecosystem without replatforming.
Post-quantum ready

Taurus is ready.
You can be ready too.

The algorithms exist, the standards are published, and the tools are available. Talk to our team about post-quantum readiness for your custody and tokenization infrastructure.

07Our products

Explore the Taurus ecosystem

PQ signature readiness

Post-quantum:
Taurus is ready.

Crypto-agile by design, built for the post-quantum migration. Taurus started preparing institutional digital asset custody for post-quantum cryptography in 2021, long before regulators asked. Key connections already run hybrid key exchange, backups are quantum-safe, and migration follows FIPS and CNSA guidelines.

X25519 + ML‑KEM Hybrid key agreement, in production
SSH · TLS 1.3 · VPN Quantum-safe connections
FIPS & CNSA Standards-aligned migration
01Since 2021

What Taurus did

We started our quantum-readiness work in 2021. Not because regulators asked, but because the risk cannot be ignored, like any high-impact scenario in our business continuity planning.

Our team has advocated for the transition to post-quantum cryptography (PQC) for years and has advised private and public organizations on it. Concretely, six measures are deployed:

Crypto inventory and prioritization

In 2022 we reviewed all the places where Taurus uses cryptography and identified which ones must migrate first.

Post-quantum VPN connectivity

Our infrastructure runs post-quantum hybrid key exchange, protecting confidentiality even against "store-now, decrypt-later" attacks.

Quantum-immune backups

Our long-term backups, including databases and digital asset keys, rely only on quantum-safe cryptography.

PQC in our policies

The standards ML‑DSA, SLH‑DSA, and ML‑KEM, as well as hybrid modes and key lifecycle requirements, are already defined in our key management and cryptography policy.

Taurus‑PROTECT designed for PQ integration

The API, key-derivation logic, and signing modules can accommodate PQC signatures and PQC/hybrid KEMs the moment blockchains support them. This is called cryptographic agility, or "crypto agility."

Outreach and awareness

In 2023 we published articles on quantum risk assessment and the post-quantum technology landscape, and presented at the BlackAlps conference on proactive mitigation measures.

02The quantum computing risk

Why prepare now

A large enough quantum computer running Shor's algorithm could break most deployed public-key cryptography: transaction signing, TLS, SSH, key wrapping, PKI. Nobody knows when such a machine will exist, and migrations take years.

The risk is not only in the future. Harvest-now-decrypt-later attacks work today: an adversary records encrypted traffic, stores it, and decrypts it once a capable quantum computer exists. Any data that must stay confidential for years is at risk right now, so transport encryption and backups come first.

The tools exist and the deadlines are set. NIST published its first post-quantum standards in August 2024, and NIST IR 8547 deprecates ECDSA, EdDSA, and RSA after 2030 and disallows them after 2035.

2021
Taurus starts its post-quantum program, sharing its thinking publicly since 2023
2024
NIST publishes the first post-quantum standards: FIPS 203, 204, 205
2026
Taurus key connections post-quantum: hybrid X25519 + ML‑KEM on SSH, TLS, VPN
2030
NIST IR 8547 deprecates ECDSA, EdDSA, RSA; blockchains expected to migrate by or before 2029
2035
ECDSA, EdDSA, and RSA disallowed under NIST IR 8547
03The architecture question

Post-quantum signature readiness:
HSM vs. MPC

Tier-1 HSMs already support every post-quantum signature family within a protected hardware boundary. MPC requires a new threshold protocol for each family: very recent for ML‑DSA, and mathematically impossible for the hash-based schemes selected by Circle and Aptos and under consideration by Ethereum.

PQ signature family
Examples
Selected by
HSM
MPC
Lattice-based signatures
ML‑DSA (Dilithium), FN‑DSA (Falcon)
Supported Built-in or via functionality module
Caution Possible, but needs time for production readiness
Hash-based signatures
SLH‑DSA / SPHINCS+, LMS/HSS
Circle, Circle Arc, Aptos, Ethereum
Supported Built-in or via functionality module
Theoretically impossible Due to the mathematical structure of the scheme
Multivariate
No standard yet; NIST candidates MAYO, QR‑UOV, SNOVA, UOV
Supported Built-in or via functionality module
Caution Most MPC-friendly, needs time for readiness
MPC-in-the-head
NIST candidates MQOM, SDitH; South Korean standard AIMer
Supported Built-in or via functionality module
Caution Not MPC-friendly, needs more research
Easily supported with no new material risk Possible in principle, not production-grade, introduces new protocol risks Impossible to support, due to the mathematical structure of the scheme

Source: Taurus white paper "Quantum Computing Risk in Digital Asset Custody: HSM vs. MPC" (June 2026).

MPC can make key compromise harder, but it does not change the signature scheme accepted by the blockchain. If the network validates ECDSA or EdDSA, the final on-chain security still depends on elliptic curve cryptography. Distributing the signing process does not change that.

04An honest constraint

No provider can claim full
post-quantum coverage today

Three constraints cap what any custody or tokenization provider can honestly promise:

01 · Blockchains Custodians cannot switch unilaterally

Bitcoin and Ethereum validate signatures under the rules of their own protocols. A post-quantum signature submitted today would simply be rejected, whatever signing infrastructure produced it. Moving on-chain signing to post-quantum schemes requires protocol changes and ecosystem consensus, expected by or before 2029.

02 · Standards Compatibility is the real bottleneck

The NIST algorithms are published, but their integration across TLS, SSH, JWT, KMS, and SDKs has not converged. Hybrid modes are standardized for transport protocols, while many toolchains and libraries are still catching up, so end-to-end compatibility, not cryptography, is the limiting factor.

03 · Third parties Hardware vendors, partners, and clients set the pace

HSM firmware, hardware tokens, and partner and client integrations each follow their own roadmaps. A custody stack migrates only as fast as its slowest dependency, which is why crypto agility matters more than any single migration date.

The realistic objective is to make every layer you control ready, keep the architecture crypto-agile, and migrate on-chain when the ecosystem gets there. This is what Taurus did.

05The post-quantum readiness framework

A practical migration framework

Post-quantum migration has no fixed completion date: legacy cryptography may stay in production alongside post-quantum controls for years. These five steps are how Taurus recommends financial institutions manage the transition. Select a step to explore it.

Step 01 · Observe

Build the cryptographic inventory

An inventory of the places where public-key cryptography is used cannot be built from memory or vendor documentation alone. It requires reviewing live configurations, firmware versions, and integration specifications. The goal is a specific, named list of systems with an assigned owner for each.

  • Blockchain transaction signing and the signature schemes in use
  • HSM key types and firmware versions; MPC protocol dependencies
  • TLS, SSH, IPsec, VPN configurations; internal PKI; approval tokens
  • Code signing, backup encryption and key wrapping, client API authentication, third-party integrations
  • For vendors: verify claimed post-quantum support on live systems, and ask for a formal roadmap where support is missing
Step 02 · Assess

Prioritize by risk and cost

Prioritize systems along two dimensions: the impact of quantum computing attacks (assets, breadth of impact, compliance) and how hard the system is to migrate. Use the risk model your organization already knows.

  • Sort systems into three groups: upgrade now, pilot, or accept the residual risk with a defined review date
  • Long-lived confidential data first: harvest-now-decrypt-later makes key agreement, encryption, and key wrapping the immediate priority
  • Systems that authorize asset movement next: transaction signing, policy enforcement, approval workflows
Step 03 · Decide

Turn assessment into explicit decisions

Which systems need action now? Where should hybrid or non-hybrid schemes be deployed? Which vendors need roadmap commitments written into contracts? Inaction by default is not the same as consciously accepting the risk: if a system is not being migrated yet, make that an explicit, documented decision.

  • Align internal deadlines with NIST's 2030 deprecation and 2035 disallowance schedule
  • Select HSM features for test environments; identify MPC subprotocols needing cryptographic audit
  • Build blockchain asset migration watchlists and update cryptography policies
Step 04 · Communicate

Calibrate the message for each audience

Systems are not suddenly unsafe, but the cryptographic assumptions they rely on are changing, and the institution has a structured plan to address that. That is the message, calibrated per audience.

  • Internal: board and executive updates, engineering guidance, risk and compliance documentation, procurement requirements, operational runbooks
  • External: client-facing roadmap summaries, regulator and auditor responses, vendor coordination plans, ecosystem participation in blockchain protocol upgrades
Step 05 · Act & monitor

Implement, review, and catch regressions

Deploy hybrid transport where available, update cryptography and key management policies, test HSM post-quantum features. As in any IT project, expect the unexpected.

  • Apparent readiness does not mean you are done: as new products, commits, and vendors arrive, quantum-unsafe cryptography may sneak back in
  • Maintain processes that catch quantum-unsafe regressions as early as possible
  • Monitor blockchain migrations actively and HSM FIPS 140-3 post-quantum validation
06Answers

Post-quantum custody, explained

What does post-quantum ready mean for digital asset custody?
No custody provider can honestly claim full post-quantum coverage today, because public blockchains still validate classical signatures. Post-quantum ready means making every layer you control quantum-safe: transport security, backups, authentication, key management, while keeping the architecture crypto-agile so on-chain signing can migrate as soon as blockchains accept post-quantum signatures. Taurus has run this program since 2021.
Are HSMs post-quantum ready?
Yes. Tier-1 HSMs already support post-quantum signature algorithms, built in or via functionality modules, within a protected hardware boundary, subject to firmware version. This covers all four post-quantum signature families: lattice-based, hash-based, multivariate, and MPC-in-the-head schemes.
Is MPC custody post-quantum ready?
No. MPC requires a practical threshold protocol for each signature family before it can support that scheme at all. Protocols for ML‑DSA are very recent (2025–2026) and not validated for production. Hash-based signatures such as SLH‑DSA, under consideration by Ethereum and selected by Circle and Aptos, are mathematically incompatible with MPC computation: the underlying hash functions lack the algebraic structure needed to distribute signing while satisfying completeness, correctness, and privacy.
What is a harvest-now-decrypt-later attack?
An adversary records your encrypted traffic today, stores it, and decrypts it once a capable quantum computer exists. Any data that must stay confidential for years is at risk right now. This is why transport encryption and backups should migrate first; signature risk concerns future transactions, not historical ones.
What are the NIST post-quantum standards and deadlines?
Three standards are fully specified: ML‑KEM (FIPS 203) for key agreement, ML‑DSA (FIPS 204) for lattice-based signatures, and SLH‑DSA (FIPS 205) for hash-based signatures, with FN‑DSA (FIPS 206) and HQC in progress. NIST IR 8547 deprecates ECDSA, EdDSA, and RSA after 2030 and disallows them after 2035.
What is cryptographic agility?
Cryptographic agility, or crypto agility, is the ability to replace cryptographic algorithms without redesigning the system. Taurus‑PROTECT's API, key-derivation logic, and signing modules can accommodate post-quantum signatures and hybrid key encapsulation the moment blockchains support them, so custody migrates at the pace of the ecosystem without replatforming.
Post-quantum ready

Taurus is ready.
You can be ready too.

The algorithms exist, the standards are published, and the tools are available. Talk to our team about post-quantum readiness for your custody and tokenization infrastructure.

07Our products

Explore the Taurus ecosystem

PQ signature readiness

Post-quantum:
Taurus is ready.

Crypto-agile by design, built for the post-quantum migration. Taurus started preparing institutional digital asset custody for post-quantum cryptography in 2021, long before regulators asked. Key connections already run hybrid key exchange, backups are quantum-safe, and migration follows FIPS and CNSA guidelines.

X25519 + ML‑KEM Hybrid key agreement, in production
SSH · TLS 1.3 · VPN Quantum-safe connections
FIPS & CNSA Standards-aligned migration
01Since 2021

What Taurus did

We started our quantum-readiness work in 2021. Not because regulators asked, but because the risk cannot be ignored, like any high-impact scenario in our business continuity planning.

Our team has advocated for the transition to post-quantum cryptography (PQC) for years and has advised private and public organizations on it. Concretely, six measures are deployed:

Crypto inventory and prioritization

In 2022 we reviewed all the places where Taurus uses cryptography and identified which ones must migrate first.

Post-quantum VPN connectivity

Our infrastructure runs post-quantum hybrid key exchange, protecting confidentiality even against "store-now, decrypt-later" attacks.

Quantum-immune backups

Our long-term backups, including databases and digital asset keys, rely only on quantum-safe cryptography.

PQC in our policies

The standards ML‑DSA, SLH‑DSA, and ML‑KEM, as well as hybrid modes and key lifecycle requirements, are already defined in our key management and cryptography policy.

Taurus‑PROTECT designed for PQ integration

The API, key-derivation logic, and signing modules can accommodate PQC signatures and PQC/hybrid KEMs the moment blockchains support them. This is called cryptographic agility, or "crypto agility."

Outreach and awareness

In 2023 we published articles on quantum risk assessment and the post-quantum technology landscape, and presented at the BlackAlps conference on proactive mitigation measures.

02The quantum computing risk

Why prepare now

A large enough quantum computer running Shor's algorithm could break most deployed public-key cryptography: transaction signing, TLS, SSH, key wrapping, PKI. Nobody knows when such a machine will exist, and migrations take years.

The risk is not only in the future. Harvest-now-decrypt-later attacks work today: an adversary records encrypted traffic, stores it, and decrypts it once a capable quantum computer exists. Any data that must stay confidential for years is at risk right now, so transport encryption and backups come first.

The tools exist and the deadlines are set. NIST published its first post-quantum standards in August 2024, and NIST IR 8547 deprecates ECDSA, EdDSA, and RSA after 2030 and disallows them after 2035.

2021
Taurus starts its post-quantum program, sharing its thinking publicly since 2023
2024
NIST publishes the first post-quantum standards: FIPS 203, 204, 205
2026
Taurus key connections post-quantum: hybrid X25519 + ML‑KEM on SSH, TLS, VPN
2030
NIST IR 8547 deprecates ECDSA, EdDSA, RSA; blockchains expected to migrate by or before 2029
2035
ECDSA, EdDSA, and RSA disallowed under NIST IR 8547
03The architecture question

Post-quantum signature readiness:
HSM vs. MPC

Tier-1 HSMs already support every post-quantum signature family within a protected hardware boundary. MPC requires a new threshold protocol for each family: very recent for ML‑DSA, and mathematically impossible for the hash-based schemes selected by Circle and Aptos and under consideration by Ethereum.

PQ signature family
Examples
Selected by
HSM
MPC
Lattice-based signatures
ML‑DSA (Dilithium), FN‑DSA (Falcon)
Supported Built-in or via functionality module
Caution Possible, but needs time for production readiness
Hash-based signatures
SLH‑DSA / SPHINCS+, LMS/HSS
Circle, Circle Arc, Aptos, Ethereum
Supported Built-in or via functionality module
Theoretically impossible Due to the mathematical structure of the scheme
Multivariate
No standard yet; NIST candidates MAYO, QR‑UOV, SNOVA, UOV
Supported Built-in or via functionality module
Caution Most MPC-friendly, needs time for readiness
MPC-in-the-head
NIST candidates MQOM, SDitH; South Korean standard AIMer
Supported Built-in or via functionality module
Caution Not MPC-friendly, needs more research
Easily supported with no new material risk Possible in principle, not production-grade, introduces new protocol risks Impossible to support, due to the mathematical structure of the scheme

Source: Taurus white paper "Quantum Computing Risk in Digital Asset Custody: HSM vs. MPC" (June 2026).

MPC can make key compromise harder, but it does not change the signature scheme accepted by the blockchain. If the network validates ECDSA or EdDSA, the final on-chain security still depends on elliptic curve cryptography. Distributing the signing process does not change that.

04An honest constraint

No provider can claim full
post-quantum coverage today

Three constraints cap what any custody or tokenization provider can honestly promise:

01 · Blockchains Custodians cannot switch unilaterally

Bitcoin and Ethereum validate signatures under the rules of their own protocols. A post-quantum signature submitted today would simply be rejected, whatever signing infrastructure produced it. Moving on-chain signing to post-quantum schemes requires protocol changes and ecosystem consensus, expected by or before 2029.

02 · Standards Compatibility is the real bottleneck

The NIST algorithms are published, but their integration across TLS, SSH, JWT, KMS, and SDKs has not converged. Hybrid modes are standardized for transport protocols, while many toolchains and libraries are still catching up, so end-to-end compatibility, not cryptography, is the limiting factor.

03 · Third parties Hardware vendors, partners, and clients set the pace

HSM firmware, hardware tokens, and partner and client integrations each follow their own roadmaps. A custody stack migrates only as fast as its slowest dependency, which is why crypto agility matters more than any single migration date.

The realistic objective is to make every layer you control ready, keep the architecture crypto-agile, and migrate on-chain when the ecosystem gets there. This is what Taurus did.

05The post-quantum readiness framework

A practical migration framework

Post-quantum migration has no fixed completion date: legacy cryptography may stay in production alongside post-quantum controls for years. These five steps are how Taurus recommends financial institutions manage the transition. Select a step to explore it.

Step 01 · Observe

Build the cryptographic inventory

An inventory of the places where public-key cryptography is used cannot be built from memory or vendor documentation alone. It requires reviewing live configurations, firmware versions, and integration specifications. The goal is a specific, named list of systems with an assigned owner for each.

  • Blockchain transaction signing and the signature schemes in use
  • HSM key types and firmware versions; MPC protocol dependencies
  • TLS, SSH, IPsec, VPN configurations; internal PKI; approval tokens
  • Code signing, backup encryption and key wrapping, client API authentication, third-party integrations
  • For vendors: verify claimed post-quantum support on live systems, and ask for a formal roadmap where support is missing
Step 02 · Assess

Prioritize by risk and cost

Prioritize systems along two dimensions: the impact of quantum computing attacks (assets, breadth of impact, compliance) and how hard the system is to migrate. Use the risk model your organization already knows.

  • Sort systems into three groups: upgrade now, pilot, or accept the residual risk with a defined review date
  • Long-lived confidential data first: harvest-now-decrypt-later makes key agreement, encryption, and key wrapping the immediate priority
  • Systems that authorize asset movement next: transaction signing, policy enforcement, approval workflows
Step 03 · Decide

Turn assessment into explicit decisions

Which systems need action now? Where should hybrid or non-hybrid schemes be deployed? Which vendors need roadmap commitments written into contracts? Inaction by default is not the same as consciously accepting the risk: if a system is not being migrated yet, make that an explicit, documented decision.

  • Align internal deadlines with NIST's 2030 deprecation and 2035 disallowance schedule
  • Select HSM features for test environments; identify MPC subprotocols needing cryptographic audit
  • Build blockchain asset migration watchlists and update cryptography policies
Step 04 · Communicate

Calibrate the message for each audience

Systems are not suddenly unsafe, but the cryptographic assumptions they rely on are changing, and the institution has a structured plan to address that. That is the message, calibrated per audience.

  • Internal: board and executive updates, engineering guidance, risk and compliance documentation, procurement requirements, operational runbooks
  • External: client-facing roadmap summaries, regulator and auditor responses, vendor coordination plans, ecosystem participation in blockchain protocol upgrades
Step 05 · Act & monitor

Implement, review, and catch regressions

Deploy hybrid transport where available, update cryptography and key management policies, test HSM post-quantum features. As in any IT project, expect the unexpected.

  • Apparent readiness does not mean you are done: as new products, commits, and vendors arrive, quantum-unsafe cryptography may sneak back in
  • Maintain processes that catch quantum-unsafe regressions as early as possible
  • Monitor blockchain migrations actively and HSM FIPS 140-3 post-quantum validation
06Answers

Post-quantum custody, explained

What does post-quantum ready mean for digital asset custody?
No custody provider can honestly claim full post-quantum coverage today, because public blockchains still validate classical signatures. Post-quantum ready means making every layer you control quantum-safe: transport security, backups, authentication, key management, while keeping the architecture crypto-agile so on-chain signing can migrate as soon as blockchains accept post-quantum signatures. Taurus has run this program since 2021.
Are HSMs post-quantum ready?
Yes. Tier-1 HSMs already support post-quantum signature algorithms, built in or via functionality modules, within a protected hardware boundary, subject to firmware version. This covers all four post-quantum signature families: lattice-based, hash-based, multivariate, and MPC-in-the-head schemes.
Is MPC custody post-quantum ready?
No. MPC requires a practical threshold protocol for each signature family before it can support that scheme at all. Protocols for ML‑DSA are very recent (2025–2026) and not validated for production. Hash-based signatures such as SLH‑DSA, under consideration by Ethereum and selected by Circle and Aptos, are mathematically incompatible with MPC computation: the underlying hash functions lack the algebraic structure needed to distribute signing while satisfying completeness, correctness, and privacy.
What is a harvest-now-decrypt-later attack?
An adversary records your encrypted traffic today, stores it, and decrypts it once a capable quantum computer exists. Any data that must stay confidential for years is at risk right now. This is why transport encryption and backups should migrate first; signature risk concerns future transactions, not historical ones.
What are the NIST post-quantum standards and deadlines?
Three standards are fully specified: ML‑KEM (FIPS 203) for key agreement, ML‑DSA (FIPS 204) for lattice-based signatures, and SLH‑DSA (FIPS 205) for hash-based signatures, with FN‑DSA (FIPS 206) and HQC in progress. NIST IR 8547 deprecates ECDSA, EdDSA, and RSA after 2030 and disallows them after 2035.
What is cryptographic agility?
Cryptographic agility, or crypto agility, is the ability to replace cryptographic algorithms without redesigning the system. Taurus‑PROTECT's API, key-derivation logic, and signing modules can accommodate post-quantum signatures and hybrid key encapsulation the moment blockchains support them, so custody migrates at the pace of the ecosystem without replatforming.
Post-quantum ready

Taurus is ready.
You can be ready too.

The algorithms exist, the standards are published, and the tools are available. Talk to our team about post-quantum readiness for your custody and tokenization infrastructure.

07Our products

Explore the Taurus ecosystem

PQ signature readiness

Post-quantum:
Taurus is ready.

Crypto-agile by design, built for the post-quantum migration. Taurus started preparing institutional digital asset custody for post-quantum cryptography in 2021, long before regulators asked. Key connections already run hybrid key exchange, backups are quantum-safe, and migration follows FIPS and CNSA guidelines.

X25519 + ML‑KEM Hybrid key agreement, in production
SSH · TLS 1.3 · VPN Quantum-safe connections
FIPS & CNSA Standards-aligned migration
01Since 2021

What Taurus did

We started our quantum-readiness work in 2021. Not because regulators asked, but because the risk cannot be ignored, like any high-impact scenario in our business continuity planning.

Our team has advocated for the transition to post-quantum cryptography (PQC) for years and has advised private and public organizations on it. Concretely, six measures are deployed:

Crypto inventory and prioritization

In 2022 we reviewed all the places where Taurus uses cryptography and identified which ones must migrate first.

Post-quantum VPN connectivity

Our infrastructure runs post-quantum hybrid key exchange, protecting confidentiality even against "store-now, decrypt-later" attacks.

Quantum-immune backups

Our long-term backups, including databases and digital asset keys, rely only on quantum-safe cryptography.

PQC in our policies

The standards ML‑DSA, SLH‑DSA, and ML‑KEM, as well as hybrid modes and key lifecycle requirements, are already defined in our key management and cryptography policy.

Taurus‑PROTECT designed for PQ integration

The API, key-derivation logic, and signing modules can accommodate PQC signatures and PQC/hybrid KEMs the moment blockchains support them. This is called cryptographic agility, or "crypto agility."

Outreach and awareness

In 2023 we published articles on quantum risk assessment and the post-quantum technology landscape, and presented at the BlackAlps conference on proactive mitigation measures.

02The quantum computing risk

Why prepare now

A large enough quantum computer running Shor's algorithm could break most deployed public-key cryptography: transaction signing, TLS, SSH, key wrapping, PKI. Nobody knows when such a machine will exist, and migrations take years.

The risk is not only in the future. Harvest-now-decrypt-later attacks work today: an adversary records encrypted traffic, stores it, and decrypts it once a capable quantum computer exists. Any data that must stay confidential for years is at risk right now, so transport encryption and backups come first.

The tools exist and the deadlines are set. NIST published its first post-quantum standards in August 2024, and NIST IR 8547 deprecates ECDSA, EdDSA, and RSA after 2030 and disallows them after 2035.

2021
Taurus starts its post-quantum program, sharing its thinking publicly since 2023
2024
NIST publishes the first post-quantum standards: FIPS 203, 204, 205
2026
Taurus key connections post-quantum: hybrid X25519 + ML‑KEM on SSH, TLS, VPN
2030
NIST IR 8547 deprecates ECDSA, EdDSA, RSA; blockchains expected to migrate by or before 2029
2035
ECDSA, EdDSA, and RSA disallowed under NIST IR 8547
03The architecture question

Post-quantum signature readiness:
HSM vs. MPC

Tier-1 HSMs already support every post-quantum signature family within a protected hardware boundary. MPC requires a new threshold protocol for each family: very recent for ML‑DSA, and mathematically impossible for the hash-based schemes selected by Circle and Aptos and under consideration by Ethereum.

PQ signature family
Examples
Selected by
HSM
MPC
Lattice-based signatures
ML‑DSA (Dilithium), FN‑DSA (Falcon)
Supported Built-in or via functionality module
Caution Possible, but needs time for production readiness
Hash-based signatures
SLH‑DSA / SPHINCS+, LMS/HSS
Circle, Circle Arc, Aptos, Ethereum
Supported Built-in or via functionality module
Theoretically impossible Due to the mathematical structure of the scheme
Multivariate
No standard yet; NIST candidates MAYO, QR‑UOV, SNOVA, UOV
Supported Built-in or via functionality module
Caution Most MPC-friendly, needs time for readiness
MPC-in-the-head
NIST candidates MQOM, SDitH; South Korean standard AIMer
Supported Built-in or via functionality module
Caution Not MPC-friendly, needs more research
Easily supported with no new material risk Possible in principle, not production-grade, introduces new protocol risks Impossible to support, due to the mathematical structure of the scheme

Source: Taurus white paper "Quantum Computing Risk in Digital Asset Custody: HSM vs. MPC" (June 2026).

MPC can make key compromise harder, but it does not change the signature scheme accepted by the blockchain. If the network validates ECDSA or EdDSA, the final on-chain security still depends on elliptic curve cryptography. Distributing the signing process does not change that.

04An honest constraint

No provider can claim full
post-quantum coverage today

Three constraints cap what any custody or tokenization provider can honestly promise:

01 · Blockchains Custodians cannot switch unilaterally

Bitcoin and Ethereum validate signatures under the rules of their own protocols. A post-quantum signature submitted today would simply be rejected, whatever signing infrastructure produced it. Moving on-chain signing to post-quantum schemes requires protocol changes and ecosystem consensus, expected by or before 2029.

02 · Standards Compatibility is the real bottleneck

The NIST algorithms are published, but their integration across TLS, SSH, JWT, KMS, and SDKs has not converged. Hybrid modes are standardized for transport protocols, while many toolchains and libraries are still catching up, so end-to-end compatibility, not cryptography, is the limiting factor.

03 · Third parties Hardware vendors, partners, and clients set the pace

HSM firmware, hardware tokens, and partner and client integrations each follow their own roadmaps. A custody stack migrates only as fast as its slowest dependency, which is why crypto agility matters more than any single migration date.

The realistic objective is to make every layer you control ready, keep the architecture crypto-agile, and migrate on-chain when the ecosystem gets there. This is what Taurus did.

05The post-quantum readiness framework

A practical migration framework

Post-quantum migration has no fixed completion date: legacy cryptography may stay in production alongside post-quantum controls for years. These five steps are how Taurus recommends financial institutions manage the transition. Select a step to explore it.

Step 01 · Observe

Build the cryptographic inventory

An inventory of the places where public-key cryptography is used cannot be built from memory or vendor documentation alone. It requires reviewing live configurations, firmware versions, and integration specifications. The goal is a specific, named list of systems with an assigned owner for each.

  • Blockchain transaction signing and the signature schemes in use
  • HSM key types and firmware versions; MPC protocol dependencies
  • TLS, SSH, IPsec, VPN configurations; internal PKI; approval tokens
  • Code signing, backup encryption and key wrapping, client API authentication, third-party integrations
  • For vendors: verify claimed post-quantum support on live systems, and ask for a formal roadmap where support is missing
Step 02 · Assess

Prioritize by risk and cost

Prioritize systems along two dimensions: the impact of quantum computing attacks (assets, breadth of impact, compliance) and how hard the system is to migrate. Use the risk model your organization already knows.

  • Sort systems into three groups: upgrade now, pilot, or accept the residual risk with a defined review date
  • Long-lived confidential data first: harvest-now-decrypt-later makes key agreement, encryption, and key wrapping the immediate priority
  • Systems that authorize asset movement next: transaction signing, policy enforcement, approval workflows
Step 03 · Decide

Turn assessment into explicit decisions

Which systems need action now? Where should hybrid or non-hybrid schemes be deployed? Which vendors need roadmap commitments written into contracts? Inaction by default is not the same as consciously accepting the risk: if a system is not being migrated yet, make that an explicit, documented decision.

  • Align internal deadlines with NIST's 2030 deprecation and 2035 disallowance schedule
  • Select HSM features for test environments; identify MPC subprotocols needing cryptographic audit
  • Build blockchain asset migration watchlists and update cryptography policies
Step 04 · Communicate

Calibrate the message for each audience

Systems are not suddenly unsafe, but the cryptographic assumptions they rely on are changing, and the institution has a structured plan to address that. That is the message, calibrated per audience.

  • Internal: board and executive updates, engineering guidance, risk and compliance documentation, procurement requirements, operational runbooks
  • External: client-facing roadmap summaries, regulator and auditor responses, vendor coordination plans, ecosystem participation in blockchain protocol upgrades
Step 05 · Act & monitor

Implement, review, and catch regressions

Deploy hybrid transport where available, update cryptography and key management policies, test HSM post-quantum features. As in any IT project, expect the unexpected.

  • Apparent readiness does not mean you are done: as new products, commits, and vendors arrive, quantum-unsafe cryptography may sneak back in
  • Maintain processes that catch quantum-unsafe regressions as early as possible
  • Monitor blockchain migrations actively and HSM FIPS 140-3 post-quantum validation
06Answers

Post-quantum custody, explained

What does post-quantum ready mean for digital asset custody?
No custody provider can honestly claim full post-quantum coverage today, because public blockchains still validate classical signatures. Post-quantum ready means making every layer you control quantum-safe: transport security, backups, authentication, key management, while keeping the architecture crypto-agile so on-chain signing can migrate as soon as blockchains accept post-quantum signatures. Taurus has run this program since 2021.
Are HSMs post-quantum ready?
Yes. Tier-1 HSMs already support post-quantum signature algorithms, built in or via functionality modules, within a protected hardware boundary, subject to firmware version. This covers all four post-quantum signature families: lattice-based, hash-based, multivariate, and MPC-in-the-head schemes.
Is MPC custody post-quantum ready?
No. MPC requires a practical threshold protocol for each signature family before it can support that scheme at all. Protocols for ML‑DSA are very recent (2025–2026) and not validated for production. Hash-based signatures such as SLH‑DSA, under consideration by Ethereum and selected by Circle and Aptos, are mathematically incompatible with MPC computation: the underlying hash functions lack the algebraic structure needed to distribute signing while satisfying completeness, correctness, and privacy.
What is a harvest-now-decrypt-later attack?
An adversary records your encrypted traffic today, stores it, and decrypts it once a capable quantum computer exists. Any data that must stay confidential for years is at risk right now. This is why transport encryption and backups should migrate first; signature risk concerns future transactions, not historical ones.
What are the NIST post-quantum standards and deadlines?
Three standards are fully specified: ML‑KEM (FIPS 203) for key agreement, ML‑DSA (FIPS 204) for lattice-based signatures, and SLH‑DSA (FIPS 205) for hash-based signatures, with FN‑DSA (FIPS 206) and HQC in progress. NIST IR 8547 deprecates ECDSA, EdDSA, and RSA after 2030 and disallows them after 2035.
What is cryptographic agility?
Cryptographic agility, or crypto agility, is the ability to replace cryptographic algorithms without redesigning the system. Taurus‑PROTECT's API, key-derivation logic, and signing modules can accommodate post-quantum signatures and hybrid key encapsulation the moment blockchains support them, so custody migrates at the pace of the ecosystem without replatforming.
Post-quantum ready

Taurus is ready.
You can be ready too.

The algorithms exist, the standards are published, and the tools are available. Talk to our team about post-quantum readiness for your custody and tokenization infrastructure.

07Our products

Explore the Taurus ecosystem