CertiK Ventures, a renowned provider of blockchain security solutions, has recently launched a new venture with the aim of supporting the development of blockchain technology. This decision reflects a growing trend in the industry. CertiK Ventures will focus on backing new on-chain platforms that prioritize security. Their primary goals include supporting “security-first projects,” participating in venture capital rounds, and building relationships within the ecosystem. Jason Jiang, CertiK’s Chief Business Officer, emphasized the significance of the project and its impact on Web3.
CertiK Ventures’ portfolio includes several notable companies such as Pantera, LINE, Sei, Hashkey Capital, WEMIX, Dora Hacks, Meta Era, Playbux, Shima Capital, SevenX Ventures, Borderless Capital, and Ling Feng Capital. The goal of CertiK Ventures is to assist these portfolio firms in the “development and deployment” of blockchain technology by providing them with resources and knowledge derived from CertiK’s expertise in blockchain security.
Since its establishment in 2018, CertiK has gained the support of prominent technology investors including Sequoia Capital, Goldman Sachs, Tiger Global, and Insight Partners. These investors have recognized the importance of blockchain security and have joined forces with CertiK. CertiK’s expertise has proven invaluable in identifying vulnerabilities, with over 60,000 vulnerabilities discovered, including a recent $5 million security hole caused by a critical bug in an open-source multichain bridge.
The decision by CertiK to support blockchain development reflects a larger trend in the industry, which is still in its early stages.
