Captured By Tracy D'souza / 2:51 pm on 19 February 2025
Blockaid, a blockchain security firm, has raised $50 million in a Series A funding round to expand its platform. Led by prominent investors, the funding will help enhance its threat detection, fraud prevention, and Web3 security solutions. Blockaid’s platform protects users from phishing, scams, and vulnerabilities across decentralized applications. The company aims to scale its operations, improve real-time monitoring, and strengthen security infrastructure for blockchain ecosystems. As cyber threats rise in the crypto space, Blockaid’s expansion highlights growing demand for robust security solutions to safeguard digital assets, ensuring safer transactions and increased trust in decentralized finance (DeFi) platforms.
