Ribbit Leads $50 Million Investment in Crypto Security Platform
The deal comes after an extended rally in digital assets that coincided with heightened levels of cyber-crime within the industry.
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Crypto security firm Blockaid has secured fresh funding as the platform gears up to tackle rising cyber-crime risks in the digital-asset space.
The company raised $50 million in a Series B round led by Ribbit Capital, according to a Tuesday statement. GV, formerly known as Google Ventures, also participated in the raise alongside existing investors including Variant and Cyberstarts.