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

CertiK, a prominent blockchain security and auditing firm, is reportedly advancing plans for an Initial Public Offering (IPO) that targets a valuation of approximately $2 billion. This strategic move is highly anticipated as the company seeks to become the first publicly traded entity focused exclusively on Web3 cybersecurity, signaling a major milestone for the digital asset security industry.

The push for a public listing comes amid sustained and growing demand for robust security solutions in the decentralized finance (DeFi) and general blockchain ecosystems. CertiK has established itself as a market leader, specializing in auditing smart contracts, providing real-time security monitoring via its Skynet system, and offering comprehensive protection against increasingly sophisticated exploits.

Achieving a $2 billion public valuation would reflect the company’s rapid growth and its vital role in fostering trust and adoption within the Web3 space. This IPO aims to provide institutional investors with a dedicated entry point into the critical infrastructure supporting decentralized applications and blockchain protocols, validating the maturity and long-term necessity of dedicated Web3 security services in the traditional financial markets.

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