Share this article
Blockchain Security Firm CertiK Raises $24M in Funding Round
The company has now raised more than $70 million.
Updated Sep 14, 2021, 1:41 p.m. Published Aug 17, 2021, 1:02 p.m. 1 min read
Blockchain cybersecurity startup CertiK raised $24 million in an extension of its Series B funding round that was led by Tiger Global Management and GL Ventures.
- The round brings CertiK’s total fundraising to more than $70 million.
- In July, CertiK raised $37 million in a funding round that was co-led by Coatue Management and Shunwei Capital with participation from Coinbase Ventures.
- The firm said it is entering a stage of “hyper-growth” with the expansion of its staff and development of security-focused technology.
- The blockchain and smart-contract security firm’s backers include Binance, IDG Capital, Lightspeed Venture Partners and Yale University.
- The funding reflects the explosive growth in decentralized finance (DeFi), which runs on automated smart-contract code and decentralized exchanges, some of which are subject to bugs and hacks.
Read more: Blockchain Security Firm CertiK Raises $37M in Series B Fundraising
More For You
From May 20 to May 29, XRP funds took in $35 million while bitcoin and ether ETFs lost roughly $2 billion combined, with Ripple’s earlier reported XRP treasury plan still awaiting confirmation.
What to know:
- U.S.-listed spot XRP ETFs drew $11.88 million in net inflows on May 29, extending a week of gains even as bitcoin and ether funds saw continued redemptions.
- Total net assets in U.S. XRP ETFs now stand near $1.12 billion, with about $35 million added since May 20 while bitcoin and...
Top Stories
