projected quantum computing revenue by 2035. Quantum technologies as a whole could reach up to $97B. McKinsey, "The Year of Quantum", Quantum Technology Monitor 2025.
Read source (opens in a new tab)
Quantum compute.
Shared returns.
Investment Whitepaper — Quantum Compute
Infrastructure & Revenue Share
Qudity Token (QDT) · Security Token Offering
Quantum Compute, Shared Returns
Quantum computing is moving from research labs into production infrastructure. The physical machines that run it — cryogenic processors, control electronics and the datacentres that house them — are becoming one of the most strategic asset classes of the next decade.
- Enterprises in finance, logistics, chemicals and life sciences are preparing workloads that classical hardware handles poorly: optimisation, molecular simulation, and new approaches to cryptography.
- Access to the hardware that runs these workloads is concentrated in a handful of providers. Participation in its economics has so far been limited to large institutions.
- Qudity builds and operates that hardware layer, and opens a share of its revenue to eligible investors through a regulated security token.
economic value quantum computing is projected to create globally by 2040, including a $90–170B market for hardware and software providers. BCG, July 2024.
Read source (opens in a new tab)Google's Quantum Echoes algorithm ran 13,000 times faster on its Willow chip than the best classical algorithm on one of the world's fastest supercomputers. The result is verifiable on another quantum computer of similar capability. Google, 22 Oct 2025; published in Nature. Google describes it as the first verifiable quantum advantage achieved on hardware.
Read source (opens in a new tab)From today's base to 2035.
Quantum computing revenue in US$ billions: 2024 actual against the 2035 projection.
The evidence — market & technology signals.
Quantum computing revenue was about $650–750M in 2024.
The starting line for a market projected to reach $28–72B by 2035.
Governments announced about $10B of new public quantum funding in early 2025 (to April); Japan alone accounted for $7.4B.
Governments are committing capital at national scale.
$1B at a $7B valuation: PsiQuantum's September 2025 round, led by BlackRock, Temasek and Baillie Gifford, with Nvidia participating.
Blue-chip investors are backing full-scale quantum facilities.
~$600M at a $10B pre-money valuation: Quantinuum's September 2025 equity raise.
Two record-scale rounds in a single month.
98 fully connected trapped-ion qubits at 99.921% two-qubit gate fidelity: Quantinuum Helios (2025); named customers include Amgen, BMW Group, JPMorgan Chase and SoftBank.
Global enterprises already run on commercial quantum hardware.
IBM expects the first verified cases of quantum advantage by the end of 2026. Its 120-qubit Nighthawk processor launched in November 2025.
The industry's largest player has put a date on quantum advantage.
11 companies advanced to Stage B of DARPA's Quantum Benchmarking Initiative (Nov 2025). The programme tests whether any approach can reach utility-scale operation by 2033.
The US government is mapping the path to utility-scale machines.
NIST published the first three post-quantum cryptography standards (FIPS 203, 204, 205) on 13 Aug 2024. Organisations are urged to start migrating now.
Governments are preparing now for what quantum computers will deliver.
The EU adopted its Quantum Europe Strategy on 2 July 2025, aiming to make Europe a quantum frontrunner by 2030. The UK has committed £2.5B over ten years (National Quantum Strategy, 2023).
Quantum is now a strategic priority for governments.
Figures as published by the cited sources.
Why now? Three forces are converging:
- Error correction: it has crossed from theory into demonstrated results, and the major hardware roadmaps now name dates for fault-tolerant systems.
- Enterprise readiness: enterprises are funding pilot programmes today, so that their teams, data and algorithms are ready when the hardware matures.
- Regulated tokenisation: tokenisation under established securities frameworks now allows infrastructure ownership economics to be shared with a wider investor base, without abandoning investor protection.
Fractional participation through tokenisation. Owning a stake in quantum infrastructure has traditionally required institutional capital, complex legal structures and long lock-ups. The QDT STO tokenises a proportional economic interest in Qudity's compute revenue. Eligible investors can participate from an accessible minimum, discussed with each investor personally.
| Traditional infrastructure investment | QDT Security Token Offering |
|---|---|
| Institutional-size tickets | Accessible minimum, discussed personally |
| Illiquid, long lock-ups | On-chain ownership records |
| Opaque reporting | Quarterly reporting and on-chain distribution records |
| Limited to institutions | Open to verified eligible investors |
Why an STO. A Security Token Offering combines blockchain settlement with the protections of securities regulation:
- Compliance: investors are KYC/AML-verified, and transfers are restricted to verified wallets.
- Clear rights: token rights are defined in a binding investor agreement.
- Revenue participation: distributions are tied to real operating revenue rather than speculation.
What We Build
One company running enterprise quantum compute end to end: hardware, software, solutions and support.
Prepared.
Awaiting funding.
Qudity is not starting from a plan on paper. Every agreement, plan and purchase needed to build and operate the infrastructure is prepared and ready to execute. Each one is waiting only for the funding milestone that releases it.
- 01
Hardware purchase agreements: processor systems, dilution refrigerators and control electronics are agreed with suppliers. They are ready to place on funding.
Prepared · Awaiting funding - 02
Facility agreements: datacentre site and power arrangements for the founding facility and the second, trapped-ion datacentre are prepared.
Prepared · Awaiting funding - 03
Engineering and deployment plans: installation, commissioning and QudityCore™ integration plans are complete, with a defined timeline from funding to first operational cluster.
Prepared · Awaiting funding - 04
Enterprise pipeline: pilot agreements with enterprise clients are prepared for activation across finance and logistics.
Prepared · Awaiting funding - 05
Legal and regulatory: the offering documentation, investor agreement and filings are prepared under Hong Kong law.
Prepared · Awaiting funding
Quantum Cloud — infrastructure.
Racks of superconducting and trapped-ion processors in Tier-IV-equivalent facilities: dilution refrigeration, vibration-isolated racks, hybrid quantum-classical orchestration, and SLA-backed 24/7 support. Primary revenue driver: enterprise compute access contracts.
QudityCore™ — orchestration platform.
One interface across every quantum backend: automatic routing across superconducting, trapped-ion and classical GPU fleets, noise-aware error mitigation, and full job observability. Revenue: platform subscriptions.
Enterprise Solutions — services.
Custom quantum algorithm development, consulting, quantum-ready data engineering, and end-to-end implementation on QudityCore™. Revenue: engagement contracts.
How raised capital is deployed.
- Capital is deployed in tranches, each aligned with a verified milestone:
- The Private Sale funds facility planning, regulatory filings and the first processor cluster.
- Later tranches fund the second-modality datacentre, platform engineering and go-to-market.
Built around the hardware.
Capital is released in tranches as each milestone is verified.
Facilities.
- The founding datacentre runs the first superconducting cluster.
- A second datacentre adds trapped-ion capacity, to diversify qubit modality.
- Founding datacentre in Singapore; the second datacentre, in Tokyo, is planned. Bengaluru, Abu Dhabi, Sydney and Toronto are assessed as future expansion sites. Head office: Hong Kong.
Infrastructure, placed in context.
A geographic view of Qudity's facilities and offices.
Map: Natural Earth, 1:110m, public domain. Land outlines only; no jurisdictional boundary claims.
How the Token Works
The blockchain is the operating layer: it makes compliant ownership records and distributions transparent and verifiable.
- 01Smart contracts — issuance and transfer rules enforced on-chain.
- 02KYC / AML gate — only verified, whitelisted wallets can hold the token.
- 03Immutable ledger — tamper-proof ownership records.
- 04Distribution engine — the quarterly revenue share is calculated and paid automatically.
- 05Audit trail — chain state is publicly verifiable.
Smart-contract automation: issuance, transfer restrictions and distribution maths run in audited contracts.
Immutable ownership records: every transfer and distribution is permanently recorded.
Compliance by design: transfer restrictions are embedded at the contract level.
Transparent reporting: distribution calculations are published on-chain, and operating metrics are reported quarterly.
Revenue-Backed, Milestone-Priced
Each token represents a proportional economic interest in the revenue generated by Qudity's compute business.
- Real revenue: the token's economics are tied to real enterprise contracts — Quantum Cloud access, QudityCore™ subscriptions and Enterprise Solutions engagements. They are not tied to speculative demand.
- Physical assets: the processors, cryogenic systems and facilities are long-lived infrastructure.
- Milestone pricing: as each funding milestone is reached and capacity comes online, the token price steps up to reflect the larger, more de-risked asset base.
Stages before speculation.
The token price steps up as each stage goal is reached.
| Stage | Goal (raised) | Token price |
|---|---|---|
| Private Sale | $0 (start) | $0.01 |
| Pre Sale | $230M | $0.03 |
| Soft Cap | $350M | $0.07 |
| Hard Cap | $450M | $0.10 |
Early participation, best price.
- Private Sale entry is the lowest price of the offering: $0.01, a tenth of the Hard Cap price.
- Each later stage prices in delivered milestones.
- Private Sale access is reviewed by the team, for long-term alignment with the project.
Regulatory Framework & Investor Rights
The QDT STO is structured under Hong Kong's securities framework.
Regulatory structure: the offering is structured under Hong Kong's securities framework.
KYC/AML verification: every investor is verified before purchase.
Independent audits: quarterly review of revenue accounts and distribution calculations by an independent auditor.
Investor agreement: a binding agreement defines token rights and dispute resolution.
Asset segregation: infrastructure is held in a separate legal entity.
On-chain transparency: transfers and distributions are publicly verifiable.
| Mechanism | Implementation | Status |
|---|---|---|
| Regulatory structure | structured under Hong Kong's securities framework. | Active |
| KYC/AML verification | every investor is verified before purchase. | Active |
| Independent audits | quarterly review of revenue accounts and distribution calculations by an independent auditor. | Active |
| Investor agreement | a binding agreement defines token rights and dispute resolution. | Active |
| Asset segregation | infrastructure is held in a separate legal entity. | Active |
| On-chain transparency | transfers and distributions are publicly verifiable. | Active |
The 90/10 Rule, Secured by Escrow
Investor capital is protected by two mechanisms working together:
- Escrow governs when funds can be released.
- The 90/10 rule governs what happens if the offering does not reach its Hard Cap.
Escrow mechanism
- All capital raised is held in smart-contract escrow under independent trustee oversight.
- Funds are released to operations only in tranches, each tied to a verified milestone (confirmed by the independent auditor and the contract's conditions).
- There is no discretionary access to investor capital before a milestone is confirmed.
The 90/10 rule
If the offering does not reach its Hard Cap:
- 90% of all invested capital is returned to investors, pro rata to their contribution, directly from escrow;
- 10% is retained to cover legitimate costs already incurred: legal, regulatory filings, engineering and operations.
- The refund is enforced by the escrow contract, not left to discretion.
Insurance option
- For investors who want additional protection, the company offers optional insurance coverage that extends the refund to the full invested amount (100%) if the Hard Cap is not reached.
- The coverage is provided through regulated insurance providers.
- It is an elective option, chosen at the time of investment.
Allocation, Supply & the Revenue Share
60% of the quarterly compute revenue pool is distributed pro rata to token holders. 40% is reinvested into capacity.
One pool. Two destinations.
The split applies to every quarter's revenue pool.
- 01Enterprise clients pay for compute: Quantum Cloud access, QudityCore™ subscriptions and Enterprise Solutions engagements generate recurring revenue.
- 02The revenue pool is aggregated: net compute revenue is collected quarterly into the token-holder pool, before further reinvestment.
- 03Distribution to token holders: a fixed share of the pool is distributed pro rata to holders, on-chain and auditable every quarter.
A complete view of supply.
Select a row to inspect its share.
Token supply.
- The supply is fixed and minted once. There is no later inflation.
- The total-supply figure is set when the offering closes, so the supply reflects the fully capitalised raise.
Distribution details.
- Payments are quarterly, to verified wallets, pro rata to holdings at the snapshot date.
- The first distribution is planned for Q4 2027.
From First Qubits to First Distribution
Four milestones take Qudity from the opening of the offering to the first revenue-share distribution, all within 2027.
- 2027 · Q1Current
Private & Pre Sale
Token offering opens. First 64-qubit superconducting cluster comes online in our founding datacenter.
- 2027 · Q2Upcoming
Hard Cap · Enterprise Pilot Contracts
Offering closes at hard cap. QudityCore™ platform reaches general availability, with the first enterprise pilot contracts signed across finance and logistics.
- 2027 · Q3Upcoming
Second Datacenter · 256-Qubit Milestone
A second, trapped-ion datacenter diversifies qubit modality, and the combined fleet crosses 256 addressable qubits, unlocking larger enterprise workloads.
- 2027 · Q4Upcoming
First Revenue-Share Distribution
First quarterly distribution of enterprise compute revenue paid to token holders under the revenue-share program.
A Structural Opportunity
Quantum computing is entering its infrastructure phase. Qudity offers eligible investors a regulated, transparent way to share in the revenue of that infrastructure.
- Production quantum hardware
- One platform across backends
- Enterprise revenue
- Quarterly 60% revenue share
- Milestone pricing
- Agreements and purchases ready, awaiting funding
- 90/10 rule secured by escrow
- Fixed supply
- Independent audits
Governing Law & Jurisdiction
- Issuer: Quantum Divergence Limited, incorporated in Hong Kong (LEI 9845007D73BA0702LC69), registered at Shui On Centre, Nos. 6–8 Harbour Road, Wan Chai, Hong Kong.
- Governing law: the laws of the Hong Kong Special Administrative Region. The offering is open across jurisdictions, so mandatory local law in each investor's jurisdiction continues to apply where relevant.
- Documents: full legal documentation is provided to investors after verification and before any commitment — the Investor Agreement, Asset Structure Rules, Smart-Contract Audit Report and jurisdictional filings.
Get in Touch
Quantum Divergence Limited, trading as Qudity
- General enquiries: contact@project-qudity.com
- Investor relations: support@project-qudity.com
- Legal & compliance: contact@project-qudity.com
- Registered address: Shui On Centre, Nos. 6–8 Harbour Road, Wan Chai, Hong Kong

Qudity Token (QDT)
This whitepaper is for general information only and does not constitute investment advice.
All figures, projections and timelines are subject to change.