[Digital Today reporter Chi-gyu Hwang] Web3 security company CertiK said on Tuesday it will work with YZi Labs, formerly Binance Labs, to support startups in web3, AI and biotech.
The companies plan to jointly strengthen the security architecture of projects participating in YZi Labs’ global incubation program, EASY Residency, to support their growth.
Under the partnership, CertiK will create a dedicated $1 million security audit grant fund to support projects in the EASY Residency program and provide security services. YZi Labs will support collaboration and communication between CertiK and incubation projects.
CertiK co-founder and CEO Ronghui Gu said he was confident that the collaboration with YZi Labs would meaningfully improve the security standards of participating projects and provide a foundation to support long-term growth. "This will go beyond the growth of individual projects and lead to stronger soundness and sustainability across the broader Web3 ecosystem," he said.
Chi-gyu Hwang
delight@d-today.co.kr