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

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

Binance Labs is leading a private round II for GoPlus Security. GoPlus Security has developed a real-time, dynamic, and automated security detection platform that covers token, NFT, malicious address, approval security, contract security and dApp security https://t.co/Vs4XniMggN

— Wu Blockchain (@WuBlockchain) December 8, 2022

With this funding, GoPlus Security will be able to develop its technology further, create a security services marketplace, and attract top talent to help build a safer and more user-friendly Web3 ecosystem.

Yi He, Co-Founder of Binance and Head of Binance Labs, commented on the funding round for GoPlus Security:

“Security is essential to the Web3 ecosystem and community. By supporting consumer-facing solutions like GoPlus Security, we hope to see how security services for end users can evolve and thrive.”

GoPlus Security’s real-time, dynamic, and automated security detection platform covers token, NFT, malicious address, contract security, and dApp security. The company handles over 2 million daily data calls and is the most significant security data provider on 13 blockchain networks.

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

“It is crucial to have a strong security infrastructure for Web3 development, and it is exciting to see a professional team like GoPlus Security making substantial progress towards their long-term vision.”

GoPlus Security is preparing to launch a security services marketplace by the end of 2022, according to the Binance Blog announcement.