# Blockchain Capital (BCAP) Quantum Readiness Report

> Blockchain Capital has a QRI score of 1/100 and is assessed at Stage 1 (Quantum Risk Assessed) with medium evidence confidence.

Evaluation date: 2026-06-01. Review status: draft. Evaluated scope: Tokenized security (ERC-20) representing economic interest in Blockchain Capital III Digital Liquid Venture Fund, issued via Securitize. Token-specific admin/governance keys and custody arrangements evaluated alongside host-chain (ZKsync Era / Ethereum) cryptographic inheritance per QRI Section 7.2..

BCAP is a tokenized security (ERC-20) representing fractional interest in Blockchain Capital III Digital Liquid Venture Fund, issued via Securitize and now operating on ZKsync Era. It has no independent cryptographic layers, consensus, P2P, or privacy mechanisms. Per QRI Section 7.2 (Token Inheritance), BCAP inherits the base-layer QRI posture of its host chain (ZKsync Era, Migration Stage 1 / QRI 28 per LayerQu v3.1.0). The token-specific quantum-critical risks are: (1) admin/issuer keys controlled by Securitize/Blockchain Capital with mint, freeze, and unfreeze powers — presumed ECDSA-secured with no PQC protection; (2) custody keys at Anchorage Digital Bank and Coinbase Custody — similarly vulnerable; and (3) complete dependence on ZKsync Era, which has no production PQC transaction protection and relies on pairing-based SNARK wrappers for L1 settlement. Neither Blockchain Capital nor Securitize has published a quantum risk assessment, cryptographic inventory, or migration plan for BCAP. The project scores 1/100 (Stage 1: Quantum Risk Assessed), reflecting zero production PQ protection across all applicable layers and negligible migration coverage (score of 1/20 from the <25% coverage tier for the small protected value-at-risk from hash-based components of the host chain's STARK core).

## Core resources

- [Blockchain Capital QRI report](https://qrindex.org/projects/blockchain-capital/): Human-readable assessment with score, stage, evidence, blockers, risks, and assurance notes.
- [Blockchain Capital structured report data](https://qrindex.org/projects/blockchain-capital/report.json): Complete report as JSON for deterministic machine processing.
- [QRI methodology](https://qrindex.org/methodology/): Scoring model, evidence handling, readiness stages, confidence, assurance, and report status.
- [All QRI project reports](https://qrindex.org/llms.txt): Score-ranked index of every published project assessment.
- [Blockchain Capital official website](https://www.blockchaincapital.com/): Project-maintained website.
- [Blockchain Capital source repository 1](https://github.com/BlockchainCap): Project source code referenced by QRI.



## Evidence sources

- [Evidence source 1](<https://www.blockchaincapital.com/>): Public source cited by the Blockchain Capital QRI assessment.
- [Evidence source 2](<https://securitize.io/>): Public source cited by the Blockchain Capital QRI assessment.
- [Evidence source 3](<https://github.com/BlockchainCap>): Public source cited by the Blockchain Capital QRI assessment.
- [Evidence source 4](<https://explorer.zksync.io/address/0x57fD71a86522dc06d6255537521886057c1772a3>): Public source cited by the Blockchain Capital QRI assessment.
- [Evidence source 5](<https://layerqu.com/chains/zksync-era/>): Public source cited by the Blockchain Capital QRI assessment.
- [Evidence source 6](<https://etherscan.io/token/0x1f41e42d0a9e3c0dd3ba15b527342783b43200a9>): Public source cited by the Blockchain Capital QRI assessment.
- [Evidence source 7](<https://www.rwa.xyz/>): Public source cited by the Blockchain Capital QRI assessment.
- [Evidence source 8](<https://www.anchorage.com/insights/how-anchorage-digital-protects-clients>): Public source cited by the Blockchain Capital QRI assessment.
- [Evidence source 9](<https://www.cryptotimes.io/2026/05/05/exclusive-coinbase-outlines-multi-year-quantum-migration-plan-to-user-assets/>): Public source cited by the Blockchain Capital QRI assessment.
- [Evidence source 10](<https://app.rwa.xyz/assets/BCAP>): Public source cited by the Blockchain Capital QRI assessment.
- [Evidence source 11](<https://www.prnewswire.com/>): Public source cited by the Blockchain Capital QRI assessment.
- [Evidence source 12](<https://github.com/BlockchainCap/BCAPToken>): Public source cited by the Blockchain Capital QRI assessment.
- [Evidence source 13](<https://maraoz.medium.com/blockchain-capital-token-audit-68e882d14f0>): Public source cited by the Blockchain Capital QRI assessment.