The Crypto Company (OTCID: CRCW) announced that Frame, the post-quantum Layer 1 blockchain it acquired in March 2026 under a $50 million-plus milestone-based share agreement, has reached V3 of its private testnet and processed more than 13 million on-chain test transactions. The milestone signals tangible progress on a development roadmap that began when TCC acquired the core technology and assets of the Frame blockchain business from Frame Holdings Ltd. earlier this year.
V3 introduces two significant capabilities. Cross-chain swaps now route through Frame itself in a single transaction, eliminating the need for a third-party bridge to hold assets. Additionally, every account on V3 signs using the US government's NIST ML-DSA-87 post-quantum signature standard. These features address two persistent concerns in blockchain infrastructure: the security vulnerabilities of intermediary bridges and the emerging threat posed by quantum computing to conventional cryptography.
"We signed that agreement in March, and then we put our heads down and went to work," said Ron Levy, Chief Executive Officer of TCC. "V3 is a peek into some of the progress so far. Three testnet builds, more than 13 million post-quantum test transactions on chain, and cross-chain swaps now running through Frame itself." Levy added that V3 marks a major milestone toward the company's stated intention to build out the Frame blockchain.
Sean Docherty, Chief Blockchain Officer of TCC, emphasized the technical significance of the release. "We have shipped three builds since March. V3 is the one that proves the thesis," Docherty said. "A user sends value from one chain to another in a single transaction and our own validators settle it with post-quantum consensus. That is the hard part, and it is running on the testnet today."
The announcement matters for several reasons. Blockchain interoperability remains a fragmented landscape, with bridges frequently serving as points of failure and exploitation. A native cross-chain swap mechanism settled by the chain's own validators could reduce those risks if it performs as intended on mainnet. Meanwhile, post-quantum signature standards are gaining urgency as governments and security agencies warn that quantum computers may eventually break current cryptographic schemes. By implementing NIST's ML-DSA-87 standard at the account level, Frame is positioning itself for a post-quantum future.
For TCC, the V3 testnet brings the company closer to a wide-scale mainnet launch, a key step in demonstrating commercial viability. The company, which has operating history dating back to 2017 and is focused on developing and operating blockchain infrastructure, is completing the buildout of Frame as a Layer 1 network designed to connect fragmented blockchain ecosystems into a single interoperable network. Builders and traders can request access to the testnet at https://frame.community, and more information about the company is available at thecryptocompany.com.
Investors should note that V3 is a test environment and activity on it has no monetary value. The company cautions that testnet results may not reflect mainnet performance and that achieving performance and adoption milestones under the asset purchase agreement, as well as the timing and amount of any share issuances, remain subject to risks and uncertainties. As with any development-stage blockchain initiative, the path from testnet to a secure, widely adopted mainnet involves technical, regulatory, and market hurdles that could affect outcomes.
