The Crypto Company (OTCID: CRCW) announced that Frame, the post-quantum Layer 1 blockchain it acquired in March 2026 under a $50M+ milestone-based share agreement, has advanced to V3 of its private testnet and has processed more than 13 million on-chain test transactions to date. The update signals progress on the company’s development roadmap and brings the chain closer to a wide-scale mainnet launch.
TCC acquired the core technology and assets of the Frame blockchain business from Frame Holdings Ltd. in March 2026. Since then, the company has been working to bring the chain to market, and V3 is the latest step. “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. In March we expressed our intentions to build out the Frame Blockchain. V3 marks a major milestone towards that and we couldn’t be more proud.”
V3 adds two capabilities. Cross-chain swaps now route through Frame itself, with one transaction and no third-party bridge holding the assets. Every account on V3 signs using the US government’s NIST ML-DSA-87 post-quantum signature standard. “Bringing Frame into TCC has really unlocked something,” said Sean Docherty, Chief Blockchain Officer of TCC. “We have shipped three builds since March. V3 is the one that proves the thesis. 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.”
V3 is a test environment and activity has no monetary value. Frame’s launch of the V3 testnet brings The Crypto Company closer to a wide scale mainnet launch. Builders and traders can request access at https://frame.community.
The announcement matters for the blockchain industry because it demonstrates a working implementation of post-quantum cryptography on a Layer 1 testnet, addressing emerging security concerns around quantum computing. The cross-chain swap functionality, which eliminates third-party bridges, could reduce risks associated with bridge hacks that have plagued decentralized finance. For TCC, the milestone-based share agreement means that achieving development and adoption milestones may trigger share issuances, aligning the company’s progress with its acquisition terms. The news was distributed via NEWMEDIAWIRE.
However, the company cautions that testnet results may not reflect mainnet performance and that forward-looking statements involve risks and uncertainties, including whether milestones under the Asset Purchase Agreement are achieved. The Crypto Company is a publicly traded company with operating history dating back to 2017, focused on developing and operating blockchain infrastructure. TCC is completing the buildout of Frame Blockchain, a Layer 1 blockchain designed to connect fragmented blockchain ecosystems into a single interoperable network. Learn more at thecryptocompany.com.
