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Goldman Sachs joins CertiK, a web3 blockchain-based security f | NFT Insider

Goldman Sachs joins CertiK, a web3 blockchain-based security firm.

CertiK is a web3 blockchain-based security firm and has raised $88 million in funding, bringing its valuation to $2 billion. CEO of CertiK Ronghui Gu, said that the funds will be used to build new products and "a one-stop security platform for the entire web3 world."

With the recent exploits and frauds appearing in the crypto sector, the demand for blockchain security has increased immensely. The $88 million investment comes from Goldman Sachs and other investors who believe that the industry is still young and different from web 2.0. Web3's small group of developers may not be able to secure the software or code, and that's why the industry needs adequate security.

#CertiK #web3 #GoldmanSachs