Cloudflare plans to become a public certificate authority, issuing conventional and post-quantum Merkle Tree Certificates
Cloudflare plans to become a public certificate authority, issuing conventional and post-quantum Merkle Tree Certificates. The company has applied for browser and device trust and agreed to acquire root certificate key material from GlobalSign. Conventional certificates will be issued after approval, with Merkle Tree Certificates expected in Q1 2027. Cloudflare aims to enhance automation, transparency, and post-quantum readiness.
How this was made

The 30-second read
Why it matters
The move positions Cloudflare in a new revenue line but depends on browser and OS trust program approvals.
Market read
Introduces a potentially transformative service for Cloudflare, with implications for the web security sector.
What to watch
Implementation costs, need for widespread root program approvals, and competition from established CAs.
Background
Cloudflare is expanding from a CDN and security provider to a public certificate authority, targeting both conventional and post‑quantum certificates.
Ticker impact
Cloudflare announced it will become a public certificate authority and acquire GlobalSign's trusted root key material.
modest upside as investors price in potential new business and market share gains
First disclosure of a major service expansion for a large-cap firm; market typically reacts positively to growth initiatives.
Market effects
May boost the broader internet security and certificate authority market as competitors respond.
Primarily U.S. market impact; potential ripple effects in regions where Cloudflare's services are heavily used.
High relevance for global web security ecosystem and post‑quantum cryptography adoption.
Counterpoint
The service could face regulatory hurdles and slow browser acceptance, limiting near‑term upside.
Key entities
- companyCloudflare
U.S.-listed internet security and performance services provider (ticker NET).
- companyGlobalSign
Provider of trusted digital certificates; seller of root key material to Cloudflare.




