TL;DR
CertiK Ventures has launched a $45 million investment plan to boost Web3 projects.
CertiK has introduced free community security tools such as Token Scan and Wallet Scan.
The company, valued at $2 billion, is backed by prominent investors including Goldman Sachs and Sequoia Capital.
CertiK, one of the leading blockchain security platforms, has taken a significant step towards strengthening the Web3 ecosystem with the introduction of an ambitious $45 million investment plan.
This announcement, made on September 19, marks a new stage in CertiK‘s commitment to promoting and protecting emerging projects in the blockchain technology space.
Introducing CertiK Ventures:
CertiK is proud to announce a $45M investment plan, strategic upgrades, and the launch of free community security tools. This marks a new era for Web3 security, designed to support projects at every stage of their journey. https://t.co/PT9Ote9Wg2 pic.twitter.com/xSkh8K9S2v
— CertiK (@CertiK) September 19, 2024
The main objective of this investment is to support the development of promising initiatives, ensuring that growing projects can be safely and effectively integrated into the Web3 ecosystem.
In addition to its investment plan, CertiK has launched free community safety tools as part of an update to its services.
These tools, called Token Scan and Wallet Scan, are designed to help users protect their digital assets.
Token Scan provides instant checks to detect potential scams on networks like Solana, while Wallet Scan allows users to assess the security of their wallets, identifying risks such as approval vulnerabilities and phishing addresses.
This development is an extension of the company’s commitment to security, based on its vast experience in asset protection.
CertiK, founded in 2018 by academics from Yale and Columbia, has achieved remarkable success in the field of blockchain security.
The company is currently valued at $2 billion, backed by big-name investors including Goldman Sachs, Insight Partners, Sequoia Capital and Tiger Global.
Additionally, major exchanges such as Binance and Coinbase also support CertiK, reflecting its influence and prestige in the industry.
With over 4,700 projects secured in 150 countries and protecting around $360 billion in assets, CertiK has proven to be a pillar in Web3 security.
The company has also conducted more than 70 white hat operations and reported more than 4,000 security incidents, in addition to identifying 115,000 code vulnerabilities.
This track record highlights their ability to provide cutting-edge security solutions and their dedication to protecting the Web3 ecosystem.
Advances in Web3 security with Certik
CertiK is focused on strengthening security in the Web3 space by combining significant investments and innovative protection tools.
The $45 million investment not only seeks to encourage the development of new projects, but also to ensure that these projects can operate safely from their early stages.
The integration of tools such as Token Scan and Wallet Scan is a reflection of CertiK’s commitment to community security, providing users with essential resources to protect their assets from risks and scams.
These initiatives represent an important step forward in CertiK‘s mission to create a more secure and trustworthy Web3 environment.
With the backing of major investors and a proven track record in blockchain security, the company is well positioned to lead the evolution of security in the sector.
The company remains committed to its goal of supporting the safe growth of emerging projects and protecting the user community in the Web3 ecosystem.
CertiK continues to play a crucial role in the evolution of blockchain technology, offering both the financial support necessary for project development and the vital security tools to protect users.
With its holistic approach to investment and protection, CertiK is laying the foundation for a safer and brighter future in the Web3 space.
