With $45 million dollars, CertiK Ventures is shaking up the Web3 world.
CertiK Ventures, the investment arm of the renowned blockchain security platform CertiK, is making waves in the Web3 space with a bold new initiative.
On September 19, the company announced a hefty $45 million investment fund to accelerate the development of promising Web3 projects. This significant financial commitment is designed to boost both the integration and security of emerging Web3 platforms, marking a pivotal moment for the blockchain industry.
This new venture comes on the heels of CertiK’s strategic move earlier this year. In May 2024, CertiK officially launched its venture arm, positioning itself to support up-and-coming blockchain projects by harnessing its extensive experience in blockchain security.
The goal? To drive innovation and strengthen the Web3 ecosystem from the ground up.
But that’s not all. On the same day, at Token2049 in Singapore, CertiK took the stage with additional exciting news.
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The firm unveiled a suite of new, free community security tools designed to enhance user protection in the Web3 space. These tools, including Token Scan and Wallet Scan, are a testament to CertiK’s commitment to security and community support.
These innovations are backed by CertiK’s impressive track record. With more than 70 white hat operations under its belt, over 4,000 security incidents reported, and 115,000 code vulnerabilities discovered, CertiK is no stranger to the complexities of blockchain security.
The firm has also played a crucial role in protecting around $360 billion in assets, underscoring its credibility and expertise in safeguarding digital assets.
