CertiK Ventures Unveils $45 Million Investment Initiative with Free Access to Community Security Tools

New York, US, September 19, 2024 — Chainwire

On September 19, 2024, leading Web3 security firm CertiK, together with CertiK Ventures, OKX Ventures, and OKX Wallet, hosted the “New Round, New Path” event during Token2049. At this event, CertiK unveiled a significant upgrade to its suite of products and services, aimed at addressing the complete life cycles of Web3 projects. The firm also introduced free community security tools, including Token Scan and Wallet Scan, designed to support the evolving needs of its community. In addition, CertiK Ventures announced it would invest $45 million to foster high-potential, emerging Web3 initiatives.

CertiK has established itself as a pioneer in Web3 security, boasting a valuation of $2 billion, making it the most valuable company in this sector. Notable investors include institutions such as Insight Partners, Sequoia Capital, Tiger Global, and Goldman Sachs. CertiK’s primary offerings encompass auditing, security scoring, compliance and anti-money laundering measures, KYC, penetration testing, and incident response. To date, the firm has secured over 4,700 projects across 150 countries, working with prominent Web3 entities such as Ton, Aptos, and Binance. The launch of CertiK Ventures during Token2049 completes CertiK’s full-spectrum security solution, designed to assist projects from their inception to their growth into major industry players.

Furthermore, CertiK introduced a set of free security tools, starting with Token Scan and Wallet Scan, created to help users protect their assets. These tools were developed from extensive experience gained through conducting over 70 white-hat operations, addressing more than 4,000 security incidents, identifying 115,000 code vulnerabilities, and safeguarding approximately $360 billion in assets. The aim of these tools is to provide valuable support and empowerment to the community.

CertiK’s latest initiatives extend beyond mere product and service upgrades; they reflect a commitment to enhancing Web3 security. By announcing the $45 million investment plan, CertiK Ventures intends to catalyze the growth of promising projects, thus facilitating the convergence of innovation and security within the Web3 ecosystem.

For more information or inquiries, please contact Elisa Xu at [email protected].