Blockchain cybersecurity company CertiK has raised nearly $88 million in an equity offering, according to a new regulatory filing on Thursday. CertiK declined to provide details on the filing when contacted by CoinDesk.
The date of first sale for the offering was March 23. The total amount sold in the offering was $87,999,975 from 15 investors.
CertiK offers the active monitoring platform Skynet, which detects and protects blockchains from cyberattacks. The company also offers the Security Leaderboard, a security ranking platform for blockchain protocols and decentralized finance.
CertiK announced an $80 million funding round in December at a $1 billion valuation. The round, led by Sequoia Capital China, had been the company’s third round of financing within four months.
The timing of the latest funding round may be opportune. A $625 million exploit of Ronin, the network powering popular crypto game Axie Infinity, was disclosed earlier this week.
CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.