Hypernative Raises $40M to Guard $100B in Web3 Assets – Coincu
The post Hypernative Raises $40M to Guard $100B in Web3 Assets – Coincu appeared on BitcoinEthereumNews.com. Key Points: Hypernative adds AI-powered tools to protect $100B across 60+ blockchain networks in real time. Series B round boosts Hypernative’s funding to $56M as Web3 threats grow by 22% yearly. Guardian tool simulates transactions to prevent blind signing, helping users avoid fraud and exploits. Crypto security firm Hypernative has raised $40 million in a Series B funding round. The company is based in Tel Aviv, Israel, and provides real-time monitoring and threat prevention for Web3 platforms. The round was co-led by Ten Eleven Ventures and Ballistic Ventures, with support from StepStone Group, boldstart ventures, and IBI Tech Fund. This brings Hypernative’s total funding to $56 million, following its $16 million Series A round announced in September. The company plans to use the new capital to expand its AI-powered security tools, grow its workforce, and improve customer service. Focus on Real-Time Threat Prevention Hypernative says its platform has already helped protect over $100 billion in digital assets. The company provides onchain analytics, wallet-level protection, and transaction simulations. It has worked with over 200 Web3 projects, including exchanges, wallets, and stablecoin issuers. “In 2024, we detected over $2.2 billion in losses from hacks, exploits, phishing, and fraud,” Hypernative said in a post. Notably, that figure represents a 22% increase from the previous year, according to the company. Hypernative’s platform is built to respond in real time, aiming to prevent threats before they cause damage. The firm recently expanded its coverage to over 60 blockchain networks, including Solana and THORChain. It has added hundreds of detection tools that monitor for financial, compliance, governance, and security risks. Product Expansion and New Features Hypernative is investing in tools for fraud prevention and wallet transaction protection. A new product, Guardian, simulates the outcome of each transaction before approval to help users avoid “blind signing” —…
The post Hypernative Raises $40M to Guard $100B in Web3 Assets – Coincu appeared on BitcoinEthereumNews.com.
Key Points: Hypernative adds AI-powered tools to protect $100B across 60+ blockchain networks in real time. Series B round boosts Hypernative’s funding to $56M as Web3 threats grow by 22% yearly. Guardian tool simulates transactions to prevent blind signing, helping users avoid fraud and exploits. Crypto security firm Hypernative has raised $40 million in a Series B funding round. The company is based in Tel Aviv, Israel, and provides real-time monitoring and threat prevention for Web3 platforms. The round was co-led by Ten Eleven Ventures and Ballistic Ventures, with support from StepStone Group, boldstart ventures, and IBI Tech Fund. This brings Hypernative’s total funding to $56 million, following its $16 million Series A round announced in September. The company plans to use the new capital to expand its AI-powered security tools, grow its workforce, and improve customer service. Focus on Real-Time Threat Prevention Hypernative says its platform has already helped protect over $100 billion in digital assets. The company provides onchain analytics, wallet-level protection, and transaction simulations. It has worked with over 200 Web3 projects, including exchanges, wallets, and stablecoin issuers. “In 2024, we detected over $2.2 billion in losses from hacks, exploits, phishing, and fraud,” Hypernative said in a post. Notably, that figure represents a 22% increase from the previous year, according to the company. Hypernative’s platform is built to respond in real time, aiming to prevent threats before they cause damage. The firm recently expanded its coverage to over 60 blockchain networks, including Solana and THORChain. It has added hundreds of detection tools that monitor for financial, compliance, governance, and security risks. Product Expansion and New Features Hypernative is investing in tools for fraud prevention and wallet transaction protection. A new product, Guardian, simulates the outcome of each transaction before approval to help users avoid “blind signing” —…
What's Your Reaction?
