CertiK, a renowned player in the field of blockchain security solutions, has recently announced the launch of CertiK Ventures, an innovative initiative aimed at providing support to emerging on-chain platforms.
The primary focus of CertiK Ventures will be on promoting projects that prioritize security. The initiative will actively engage in venture capital rounds and establish partnerships within the ecosystem.
Jason Jiang, the Chief Business Officer of CertiK, emphasized the significance of this initiative and its potential impact on Web3 technologies.
CertiK Ventures has an impressive portfolio that includes well-established companies such as Pantera, LINE, Sei, Hashkey Capital, WEMIX, Dora Hacks, Meta Era, Playbux, Shima Capital, SevenX Ventures, Borderless Capital, and Ling Feng Capital.
By utilizing CertiK’s expertise in blockchain security, CertiK Ventures aims to provide valuable resources and knowledge to its portfolio companies, thereby supporting the development and implementation of blockchain technology.
CertiK, established in 2018, is dedicated to ensuring the security of blockchain networks. It has garnered investments from prominent technology-focused investors such as Sequoia Capital, Goldman Sachs, Tiger Global, and Insight Partners.
With a track record of identifying over 60,000 vulnerabilities, including the recent $5 million Wormhole security flaw caused by a critical bug in an open-source multichain bridge, CertiK has proven its expertise in the field of blockchain security. The company has also safeguarded digital assets worth over $380 billion and collaborated with more than 4,500 prominent blockchain projects, including Ripple, Polygon, TON, BNB Chain, Sandbox, and Aptos.
CertiK’s decision to support blockchain development aligns with the broader narrative within the industry, which is still in its early stages. According to Luis Ocegueda, the head of engineering at Trust Wallet, the technology underlying blockchain is still undergoing development and has yet to be transformed into a cohesive product or experience.
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