It is reported that Armors Company Limited (www.armors.io), a well-known blockchain security company, is conducting a new round of financing.

In 2021, the blockchain ecology will explode in an all-round way. With the increase of users in the industry and the increase of public attention, the security issues of blockchain will become more prominent. In 2021, the direct economic loss from blockchain security will exceed $10 billion. Security incidents mainly focus on exchanges, wallets, DeFi, NFT, Gamefi, IEO/IDO fraud, mining Trojans, contract trading vulnerabilities, etc. With the gradual improvement of the ecology in the cryptocurrency field,security issues have become the basis of blockchain An integral part of the track.

In November 2021, Certik received a $80 million investment led by Sequoia, which is Certik’s third financing in 2021. At the same time, institutions such as Redefine and Blocksec have also won the favor of capital. According to Athena, at present, more than 8 institutions have expressed a clear interest in Armors.

Armors Company Limited was established in 2017 and has more than 5 years of experience in blockchain code auditing. At the same time, Armors is a technical partner of Metis, Polygon, Solana, HECO, OEC and other ecosystems, providing services for the design and construction of ecological projects. With a large number of recommendations based on product design and technology research and development, as of January 2022, Armors has audited more than 1,000 blockchain projects, audited more than 20 million lines of code, and has maintained a zero accident rate.