CertiK Ventures Unveils $45 Million Investment to Boost Web3 Projects

CertiK Ventures, the investment arm of the prominent blockchain security firm CertiK, is spearheading efforts to boost Web3 innovation with a significant $45 million funding initiative announced on September 19.

This investment aims to foster the growth of promising Web3 projects while enhancing ecosystem security.

The venture fund was established in May 2024 to leverage CertiK’s extensive blockchain security experience in nurturing emerging blockchain technologies.

At the Token2049 event in Singapore, CertiK also unveiled new free security tools for the Web3 community, including Token Scan and Wallet Scan.

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These tools are designed to help users identify risks and safeguard their digital assets, offering instant security checks and vulnerability assessments.

Founded in 2018 by Yale and Columbia University professors, CertiK has become a key player in blockchain security, supported by major investors like Goldman Sachs, Sequoia Capital, and Binance.

The company, which achieved a $2 billion valuation in 2022, has provided security services to over 4,700 projects worldwide.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.