PYMNTS.com February 18, 2025
Blockaid raised $50 million in a Series B funding round to scale to meet the demand for its blockchain security platform.
The company will use the new funding to scale its product and engineering teams, strengthen its go-to-market operations, and expand its research capabilities to stay ahead of evolving threats, according to a Tuesday (Feb. 18) blog post.
“What sets us apart is our unmatched visibility from direct integrations with the most used web3 wallets, plus internet-wide monitoring that stops threats before they reach users,” the post said. “Not only does this give us the most comprehensive coverage of any security provider, but the more pre-transaction, onchain, offchain and threat intelligence data our system sees, the more our models...
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