Blockchain security startup Certik has completed a Series B round of funding at $37 million, bringing total investment in the company to $48 million. Coatue and Shunwei Capital led the round with participation from Coinbase Ventures. Previous investors include Binance and Yale University.
The company specializes in auditing blockchain smart contract code to correct security vulnerabilities.
According to DeFi Pulse, the Decentralized Finance Leaderboard, DeFI smart contracts on public blockchain account for over $56 billion in digital assets. Anyone can view these smart contracts. Therefore vulnerabilities can be exploited by hackers.
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