Binance Labs, the innovation and venture capital arm of Binance, has announced that it is leading Round II private funding for GoPlus Security, a company that provides open, permissionless, and user-directed security services for the Web3 environment. . GoPlus’ multi-dimensional risk detection covers most major blockchain networks, making it a key player in the growing field of Web3 security.

Binance Labs is leading a Private Round II for GoPlus Security. GoPlus Security has developed a real-time, dynamic, automated security detection platform covering token, NFT, malicious address, approval security, contract security, and dApp security https://t.co/Vs4XniMggN

— Wu Blockchain (@WuBlockchain) December 8, 2022

With this funding, GoPlus Security will be able to further develop its technology, create a marketplace for security services, and attract top talent to help build a more secure and user-friendly Web3 ecosystem.

Yi He, co-founder of Binance and head of Binance Labs, commented on the GoPlus Security funding round:

“Security is essential to the Web3 ecosystem and community. By supporting consumer-facing solutions like GoPlus Security, we look forward to seeing how end-user security services can evolve and prosper.”

GoPlus Security’s dynamic, real-time, automated security detection platform covers token, NFT, malicious addresses, contract security, and dApp security. The company handles more than 2 million data calls daily and is the top security data provider across 13 blockchain networks.

Nicola Wang, Chief Investment Officer at Binance Labs, commented on the importance of a robust security infrastructure for Web3 development and the potential of GoPlus Security:

“A strong security infrastructure is critical to Web3 development, and it’s exciting to see a professional team like GoPlus Security make substantial progress toward their long-term vision.”

GoPlus Security is preparing to launch a security services marketplace by the end of 2022, according to the Binance Blog announcement.