CertiK signs partnership with YZi Labs… establishes $1 million security audit grant fund
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Summary
- Global Web3 security company CertiK said it has entered into a strategic partnership with YZi Labs.
- CertiK said it will establish a $1 million security audit grant to support strengthening the security capabilities of projects participating in EASY Residency.
- The two companies said they will jointly promote long-term value creation for incubation projects through enhanced security services.
Global Web3 security company CertiK said on the 7th that it has entered into a strategic partnership with YZi Labs (formerly Binance Labs).
Through this cooperation, the two companies will jointly work to strengthen the security capabilities of projects participating in the incubation program 'EASY Residency'.
EASY Residency is YZi Labs' global incubation program. It aims to support startup teams in the Web3, artificial intelligence (AI), and biotech sectors to help create long-term value.
Specifically, CertiK will establish a dedicated security audit grant fund totaling $1 million to support projects participating in EASY Residency. CertiK plans to provide various security services such as formal verification, Skynet Boosting, and AI-based security scans.
YZi Labs will actively support collaboration and communication between CertiK and incubation projects, helping project teams better understand and utilize CertiK's products and security service capabilities.
Ella Zhang, YZi Labs' head, said, "Security is a core foundation for long-term success, but it is often perceived as a heavy burden by early founders who are still exploring product-market fit (PMF)," adding, "So that founders can focus on the overall structure and vision, CertiK will take on the role of ensuring systems remain robust under any circumstances."
