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Binance Labs leads funding round for GoPlus Security to advance web3 security infrastructure

December 8, 2022
in Investing
Reading Time: 2 mins read
Hull Invest

Binance’s venture capital and innovation arm, Binance Labs, announced it is leading a private round II funding round for GoPlus Security, a company that provides open, permissionless, user-driven security services for Web3 environments. . GoPlus’ multi-dimensional risk detection covers most major blockchain networks and plays a key role in the growing field of Web3 security.

Binance Labs is leading GoPlus Security’s Private Round II. GoPlus Security has developed a real-time, dynamic and automated security detection platform covering tokens, NFTs, malicious addresses, authorization security, contract security, and dApp security. https://t.co/Vs4XniMggN

Wu Blockchain (@WuBlockchain) December 8, 2022

The funding will enable GoPlus Security to further develop its technology, create a security services marketplace, attract top talent, and build a more secure and user-friendly Web3 ecosystem.

Yi He, co-founder of Binance and head of Binance Labs, commented on GoPlus Security’s funding round:

Security is vital to the Web3 ecosystem and community. By supporting consumer solutions like GoPlus Security, we want to see how security services for end users can evolve and thrive. increase.”

GoPlus Security’s real-time, dynamic and automated security detection platform covers tokens, NFTs, malicious addresses, contract security, and dApp security. The company handles over 2 million data calls daily and is the most important security data provider for 13 blockchain networks.

Binance Labs Investment Director Nicola Wang commented on the importance of a robust security infrastructure for Web3 development and the potential of GoPlus security:

“Having a strong security infrastructure is essential to Web3 development, and it’s exciting to see a dedicated team like GoPlus Security making significant progress towards their long-term vision.”

According to an announcement on the Binance blog, GoPlus Security is preparing to launch a security services marketplace by the end of 2022.

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