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CertiK: Ventures announces $45 million investment plan, Token Scan and other community security tools are free to use

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CertiK
09-19
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On September 19, 2024, CertiK, a leading Web3.0 security company, held the " New Round, New Path " event during Token2049 in collaboration with CertiK Ventures, OKX Ventures, and OKX Wallet. CertiK announced that it will comprehensively upgrade its products and services to cover the entire life cycle of Web3.0 projects ; CertiK's highly anticipated CertiK Ventures will invest $45 million to fully support high-potential Web3.0 projects; at the same time, CertiK also launched security tools such as Token Scan and Wallet Scan to give back to the community for free .

CertiK is the first unicorn in the Web3.0 security track. With a valuation of US$2 billion, it has become the most valuable Web3.0 security company. Investors include star investment institutions such as Insight Partners, Sequoia Capital, Tiger Global and Goldman Sachs. CertiK's products and services mainly include auditing, security scoring, compliance and anti-money laundering, KYC, penetration testing and incident response. To date, CertiK has provided security services to more than 4,700 projects in 150 countries (regions) around the world, including well-known Web3.0 companies such as Ton, Ripple, Aptos and Binance. CertiK Ventures, whose funding scale was officially announced during Token2049, completes the last piece of the puzzle of CertiK's full-link security solution, allowing the optimized and upgraded CertiK products to cover all stages of the project from start-up to becoming a star project .

CertiK's major product upgrade is mainly aimed at covering the entire growth cycle of the project and providing full-link security support for the project. In the initial stage , CertiK Ventures provides financial and technical support to the project to promote its rapid growth. When the project enters the testing phase , CertiK's professional audit service ensures the core security of the code. After the project goes online , the Skynet platform provides it with a security rating, helps the project optimize the security architecture, increases market attention, and allows users to have a deeper understanding of the project through Skynet Quest. In the growth stage , CertiK's KYC badge service helps the project team build trust with the community and investors, while penetration testing and incident response services provide continuous security protection for project operations, ensuring project security through real-time monitoring and vulnerability mining. For mature projects, CertiK provides customized services for compliance, anti-money laundering and on-chain monitoring according to the needs of the project party, supporting the project to operate robustly in the complex Web3.0 environment.

At the same time, CertiK launched a variety of free security tools , including Token Scan and Wallet Scan , to help users protect their assets. These tools are developed based on CertiK's experience in more than 70 white hat operations, more than 4,000 security incidents reported, 115,000 code vulnerabilities discovered, and more than $360 billion in assets protected. They are free security tools specifically for the community, providing substantial support and empowerment to the community.

The series of measures announced by CertiK this time are not only an upgrade of products and services, but also a comprehensive empowerment of the Web3.0 ecological security. With the announcement of the $45 million investment plan, CertiK Ventures will promote the rise of more high-potential projects and accelerate the integration of innovation and security in the Web3.0 ecosystem.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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