Quantinuum targets a $12.7B valuation in its US IPO, aiming to raise $1.05B. Here's what the quantum computing listing means for crypto security.

Quantinuum, the Honeywell-majority-owned quantum-computing firm, is targeting a $12.7bn IPO valuation, well below the $20bn-plus whispers earlier this month.

May 26 : Honeywell's Quantinuum is targeting a valuation of up to $12.7 billion in its U.S. initial public offering, it said on Tuesday, as it looks to capitalize on heightened…