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 more than 13 million on-chain test transactions. The milestone signals tangible progress on the development roadmap TCC committed to when it acquired Frame's core technology and assets from Frame Holdings Ltd., and it brings the company closer to a wide-scale mainnet launch.
V3 introduces two capabilities that matter for the network's long-term viability. Cross-chain swaps now route through Frame itself in a single transaction, eliminating the need for a third-party bridge to hold assets. Every account on V3 also signs using the US government's NIST ML-DSA-87 post-quantum signature standard, a security choice that positions Frame ahead of blockchains still relying on classical cryptography vulnerable to future quantum attacks.
"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, framed V3 as proof of the acquisition thesis. "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 announcement carries implications beyond technical progress. The $50M+ share agreement is milestone-based, meaning achievement of performance and adoption targets directly affects the timing and amount of share issuances. A functioning V3 testnet with cross-chain settlement and post-quantum consensus demonstrates that TCC is meeting those benchmarks, which could influence both the company's capital structure and investor confidence. The development also matters competitively: post-quantum security and bridge-free interoperability address two of the most pressing vulnerabilities in blockchain infrastructure, where quantum threats and bridge hacks have eroded trust.
Builders and traders can request access to the V3 test environment at https://frame.community. TCC emphasizes that V3 is a test environment and activity has no monetary value, and that testnet results may not reflect mainnet performance. The company is completing the buildout of Frame Blockchain, designed to connect fragmented blockchain ecosystems into a single interoperable network. More information about TCC is available at thecryptocompany.com.
