Blockchain Security Firm CertiK Considers Going Public With $2B Valuation

TLDR

• CertiK, a blockchain security company, maintains a $2 billion valuation and is considering a future IPO
• CEO Ronghui Gu stated the company doesn’t have concrete IPO plans yet but views going public as a long-term goal
• The firm last raised $88 million in a 2022 Series B3 funding round led by Insight Partners, Tiger Global, and Advent International
• CertiK has worked with over 5,000 clients and audited code securing approximately $600 billion in assets
• Binance remains CertiK’s first and largest financial backer, recently making an eight-figure investment through YZi Labs

CertiK co-founder and CEO Ronghui Gu confirmed the blockchain security company is keeping the option of a future initial public offering open. The announcement came during an interview at the World Economic Forum in Davos, Switzerland this week.

The New York-based company currently holds a valuation of $2 billion. This valuation stems from its most recent funding round in 2022.

Gu acknowledged that CertiK lacks a concrete plan for going public at this time. He said the company would need additional investment and strategic partnerships to move forward with an IPO.

The CEO believes a CertiK public listing would represent an important milestone for Web3 infrastructure companies. He said many people view the potential IPO as important for both the company and the broader industry.

CertiK raised $88 million in its Series B3 funding round in 2022. The round was co-led by Insight Partners, Tiger Global, and Advent International.

Binance was CertiK’s first investor and remains its largest financial backer. The cryptocurrency exchange recently made an eight-figure investment in the firm through founder Changpeng Zhao’s family office YZi Labs.

CertiK’s Business Operations and Client Base

Founded in 2018, CertiK provides blockchain security services to cryptocurrency companies. The firm audits smart contracts and offers risk monitoring tools for crypto projects.

The company has worked with more than 5,000 clients since its founding. Gu stated that CertiK has audited code securing around $600 billion in assets.

Other investors in CertiK include Coinbase and Softbank. These partnerships have helped establish the company’s position in the blockchain security sector.

Gu said CertiK aims to become the first public Web3 cybersecurity firm. He believes investors are looking forward to IPOs from Web3 native companies.

Other cryptocurrency companies are also pursuing public listings. BitGO launched its IPO this week with a reported valuation exceeding $2 billion.

Ledger has also expressed plans to go public in the future. Circle completed its public listing in June 2025.

CertiK announced a strategic partnership with YZi Labs earlier this month. The partnership came alongside Binance’s recent investment in the company.

The company has faced some controversies during its operations. Most recently, it received criticism for auditing code for Huione Guarantee, a Cambodian marketplace linked to human trafficking.

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