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Ottawa funds a Toronto quantum plant while Xanadu's packaging stays offshore

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Xanadu secured a C$195 million repayable federal loan for a Toronto photonics plant, but still sends most chip packaging and assembly to contractors abroad. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Quantum tech funding is niche and unlikely to impact broader crypto markets.

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Ottawa funds a Toronto quantum plant while Xanadu's packaging stays offshore — Crypto Insight