February 19, 2025
Blockaid has secured $50 million in a Series B funding round led by Ribbit Capital, with additional participation from Google Ventures, Variant, and Cyberstarts. The funding will support the company’s expansion efforts as demand grows for security solutions in the onchain ecosystem. The increased adoption of blockchain technology by major financial institutions and fintech firms has underscored the need for enhanced security measures.
Founded to address vulnerabilities in onchain applications, Blockaid focuses on preemptive threat detection. The platform has scanned more than 2.4 billion transactions and blocked over 71 million attempted attacks. Its security framework includes real-time monitoring, fraud prevention, and wallet integrations designed to protect both retail users and institutional clients. Companies such as Coinbase, Kraken, MetaMask, Uniswap, and Stellar utilize Blockaid’s services, alongside financial institutions incorporating blockchain into their operations.
About Blockaid
Blockaid provides cybersecurity solutions for blockchain applications, offering tools that detect and mitigate threats in real-time. Its platform is designed to secure transactions, decentralized applications, and institutional blockchain initiatives.
Website: https://blockaid.io/
X: @blockaid_
About Investor
Ribbit Capital
Ribbit Capital is a venture capital firm focused on financial technology and blockchain investments. The firm supports companies developing infrastructure for digital assets and financial services.
Location: Palo Alto, CA
Website: https://ribbitcap.com/
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