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 processed over 13 million on-chain test transactions. The milestone matters because it demonstrates tangible progress on the development roadmap TCC outlined when it acquired Frame's core technology and assets from Frame Holdings Ltd., moving the project closer to a wide-scale mainnet launch.
V3 introduces two significant capabilities: cross-chain swaps now route through Frame itself in a single transaction without a third-party bridge holding assets, and every account signs using the US government's NIST ML-DSA-87 post-quantum signature standard. These features address two persistent challenges in blockchain infrastructure—interoperability and security against future quantum threats—and their implementation on testnet suggests Frame could offer a differentiated Layer 1 solution if it reaches mainnet.
"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 intentions to build out the Frame Blockchain.
Sean Docherty, Chief Blockchain Officer of TCC, emphasized the technical significance: "Bringing Frame into TCC has really unlocked something. 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." The ability to settle cross-chain swaps natively with post-quantum consensus could reduce reliance on bridges, which have been frequent targets of exploits in the broader crypto industry.
While V3 is a test environment with no monetary value, its success is a prerequisite for mainnet launch. The announcement signals to builders and traders that Frame is progressing, and access can be requested at https://frame.community. For TCC, a publicly traded company with operating history dating back to 2017, achieving milestones under the share agreement could affect the timing and amount of share issuances, making V3 a potentially material development for investors. More information about the company is available at thecryptocompany.com.
The news also highlights the growing importance of post-quantum cryptography in blockchain design. As quantum computing advances, networks that adopt standards like ML-DSA-87 early may be better positioned to protect user assets. Frame's integration of this standard at the account level, combined with native cross-chain swaps, positions it as a potential contender in the Layer 1 space if mainnet performance matches testnet results. However, the company cautions that testnet results may not reflect mainnet performance and that forward-looking statements involve risks and uncertainties.
