CertiK eyes IPO at $2 billion valuation as it targets ‘first public web3 cybersecurity’ listing

CertiK, the onchain analytics and blockchain security firm backed by Binance, is planning an Initial Public Offering (IPO), according to co-founder Ronghui Gu. While a concrete plan is not yet set, the goal is to become the "first public web3 cybersecurity firm." CertiK previously raised capital at a $2 billion valuation in 2022. Gu noted that Binance is their largest financial backer, and the firm has also received funding from entities like Coinbase and Softbank. Founded in 2018, CertiK has audited code securing approximately $600 billion in assets for over 5,000 clients. Recently, Binance founder Changpeng Zhao’s family office, YZi Labs, announced a strategic partnership, and Binance made an "eight-figure investment" in the company.

(Source：The Block)