Cryptocurrency companies are accelerating efforts to develop quantum-safe wallets as concerns grow over the potential threat posed by quantum computing. While Bitcoin and Ethereum networks may take years to upgrade their core protocols, firms like Silence Laboratories are focusing on enhancing wallet security. Silence Laboratories has integrated multi-party computation (MPC) signatures using ML-DSA, a cryptographic algorithm endorsed by the National Institute of Standards and Technology (NIST), to protect against quantum threats. Jay Prakash, CEO of Silence Laboratories, emphasized the importance of distributed signatures for institutional wallets, noting that their solution allows enterprises to upgrade to post-quantum security without altering existing infrastructure. This approach contrasts with other industry efforts, such as Postquant Labs' development of quantum-resistant signatures for Bitcoin via a smart contract layer. The urgency stems from predictions that quantum computers capable of breaking current cryptography could emerge as early as 2030, prompting companies to act swiftly to safeguard digital assets.