Binance Labs leads funding round for GoPlus Security to advance web3 security infrastructure News ▸ Binance ▸ Investments
Binance Labs leads funding round for GoPlus Security to advance web3 security infrastructure
GoPlus Security, a company that covers major blockchain networks with multidimensional risk detection, receives funding from Binance Labs.
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Updated: Dec. 8, 2022 at 8:29 pm UTC
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Binance Labs, the venture capital and innovation arm of Binance, has announced that it is leading private round II funding for GoPlus Security, a company that provides open, permissionless, user-driven security services for the Web3 environment. GoPlus’s multidimensional risk detection covers most major blockchain networks, making it a key player in the growing field of Web3 security.
Binance Labs is leading a private round II for GoPlus Security. GoPlus Security has developed a real-time, dynamic, and automated security detection platform that covers token, NFT, malicious address, approval security, contract security and dApp security https://t.co/Vs4XniMggN
— Wu Blockchain (@WuBlockchain) December 8, 2022
With this funding, GoPlus Security will be able to develop its technology further, create a security services marketplace, and attract top talent to help build a safer and more user-friendly Web3 ecosystem.
Yi He, Co-Founder of Binance and Head of Binance Labs, commented on the funding round for GoPlus Security:
“Security is essential to the Web3 ecosystem and community. By supporting consumer-facing solutions like GoPlus Security, we hope to see how security services for end users can evolve and thrive.”
GoPlus Security’s real-time, dynamic, and automated security detection platform covers token, NFT, malicious address, contract security, and dApp security. The company handles over 2 million daily data calls and is the most significant security data provider on 13 blockchain networks.
Nicola Wang, Investment Director at Binance Labs, commented on the importance of a robust security infrastructure for Web3 development and the potential of GoPlus Security:
“It is crucial to have a strong security infrastructure for Web3 development, and it is exciting to see a professional team like GoPlus Security making substantial progress towards their long-term vision.”
GoPlus Security is preparing to launch a security services marketplace by the end of 2022, according to the Binance Blog announcement.
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Josh O'Sullivan
Josh has been writing for a decade and is passionate about mainstream crypto adoption, bringing positive financial change to the masses through crypto and decentralized finance as a whole.
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