CertiK announces CertiK Ventures to advance blockchain development
CertiK, a leader in blockchain security solutions, has announced the launch of CertiK Ventures, which aims to support new blockchain platforms.
CertiK Ventures focuses on promoting “security-first projects”, participating in venture capital (VC) rounds and establishing ecosystem partnerships.
Jason Jiang, Chief Business Officer of CertK, commented on the importance of the initiative and its impact on Web3:
“The launch of Certike Ventures is a critical part of our mission to secure the Web3 world. We aim to combine our years of expertise in blockchain security with strategic investments to accelerate the development of innovative projects that will shape the future of the industry.”
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Supporting blockchain development
CertiK Ventures portfolio includes companies such as Pantera, LINE, Sei, Hashkey Capital, WEMIX, Dora Hacks, Meta Era, Playbux, Shima Capital, SevenX Ventures, Borderless Capital and Ling Feng Capital.
Certike Ventures will use Certike's blockchain security to provide resources and expertise to its portfolio companies, aiming to support the “development and deployment” of blockchain technology.
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Focus on security
Founded in 2018, Certike focuses on blockchain security and has secured serious investors focused on the technology, including Sequoia Capital, Goldman Sachs, Tiger Global and Insight Partners.
CertiK has discovered more than 60,000 vulnerabilities, including the recent $5 million Wormhole security flaw caused by a “critical error” in the open source Multichain Bridge.
The blockchain security firm has acquired more than $380 billion in digital assets, including more than 4,500 popular blockchain projects, including Ripple, Polygon, TON, BNB Chain, Sandbox and Aptos.
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Horizons are expanding.
CertiK's move to support blockchain development reflects a broader industry narrative, which is still “very early,” according to TrustWallet's head of engineering Luis Osegeda.
Osegeda explained in an interview with Cointelegraph that while the technology underlying blockchain is still being developed, it has not yet turned into a “integrated product or integrated experience.”
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