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SoftBank leads $60M CertiK raise as demand for Web3 security grows

2022.04.22 16:41

SoftBank leads $60M CertiK raise as demand for Web3 security grows
SoftBank leads $60M CertiK raise as demand for Web3 security grows

Blockchain security firm CertiK has raised $60 million in funding from SoftBank Vision Fund II and Tiger Global, further cementing its unicorn status after raising a combined $290 million over nine months.

The raise comes at a time when the blockchain community is leading growth around Web3 application development and creating new use cases for virtual ecosystems, especially in gaming, nonfungible tokens (NFTs) and decentralized finance (DeFi). “When development moves at breakneck speed, mistakes happen,” CertiK’s VP of marketing Monier Jalal explained to Cointelegraph in a written statement. He continued:

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