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.

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.