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CertiK plans IPO push to become first publicly traded Web3 security firm

Crypto Briefing
Web3 security firm CertiK is actively planning an Initial Public Offering (IPO) to become the first publicly traded firm in its sector.

Summary

CertiK, a New York-based Web3 security firm, is actively pursuing plans for a public listing, aiming to become the leading Web3 infrastructure stock. This move follows a significant strategic investment from Binance, which is now CertiK's largest investor. To prepare for public markets and institutional demand, the company is accelerating the development of Skynet Enterprise, an institutional-grade security platform focused on transparency and risk monitoring. Additionally, CertiK is enhancing its core auditing business using formal verification technology powered by its proprietary Spoq engine, which integrates AI for improved efficiency. CertiK joins several other crypto firms exploring public listings amid growing institutional interest, with its latest private funding rounds valuing the company at over $2 billion.

(Source:Crypto Briefing)