CertiK and NEXUS Sign MOU to Enhance Web3 Security in the CROSS Ecosystem

CertiK has entered into a Memorandum of Understanding (MOU) with NEXUS to bolster Web3 security within the CROSS ecosystem. This partnership will enhance smart contract security and support legal frameworks aimed at stablecoin initiatives in Asia. CertiK’s extensive experience in protecting digital assets will play a critical role in ensuring a secure infrastructure for NEXUS and its broader ecosystem.

Key Takeaways

CertiK and NEXUS have signed an MOU to improve Web3 security within the CROSS ecosystem.
CertiK will provide auditing, smart contract security, and on-chain risk monitoring.
The partnership aims to enhance NEXUS's presence in the Asian market and develop Web3 solutions.
CertiK has safeguarded over $600 billion in digital assets, serving more than 5,000 projects worldwide.
NEXUS is a South Korean gaming firm known for its innovative capabilities in the gaming and Web3 space.

CertiK and NEXUS Sign MOU to Strengthen Web3 Security Across CROSS Ecosystem

Strengthening Web3 Security for the CROSS Ecosystem

The partnership between NEXUS and CertiK will significantly enhance security across the CROSS ecosystem through comprehensive auditing and smart contract security services, as outlined in their MOU. In addition, CertiK will assist in developing legal frameworks for stablecoin projects in Asia and provide tools for on-chain risk monitoring. These efforts are essential for establishing a secure payment infrastructure for NEXUS and the growing CROSS ecosystem.

Collaboration for Business Growth

In the context of business expansion, CertiK will work closely with NEXUS to develop a robust strategy aimed at expanding its market presence in Asia. The collaboration will progressively broaden its focus on Web3 security and enterprise blockchain solutions.

CertiK’s Proven Experience

CertiK is a leading provider of Web3 security services, having protected approximately $600 billion in digital assets worldwide through its support for over 5,000 projects. The firm offers various services, including penetration testing, Skynet, SkyInsights, Know Your Customer verification, and node services, all aimed at enhancing the security posture of enterprises within the Web3 landscape. As blockchain technology evolves, CertiK is strengthening its commitment to building secure digital ecosystems, as evidenced by this partnership with NEXUS.

Founded in 2017 by Yale and Columbia scholars, CertiK utilizes advanced formal verification technology to protect blockchain protocols and smart contracts. The company is recognized as a trusted name in blockchain security and has received backing from prominent investors, including Sequoia, Coatue, and Goldman Sachs. CertiK's track record includes discovering over 180,000 code vulnerabilities and securing engagement from well-known brands like Aptos, Ripple, and Polygon.

NEXUS: A Leader in Gaming and Web3 Integration

NEXUS is a South Korean gaming company listed on KOSDAQ since 2015, renowned for its advanced capabilities across various platforms. As the development partner of CROSS Protocol, NEXUS offers on-chain products and infrastructure that enable seamless integration of Web3 features for gaming studios. This includes wallet-optional onboarding, gas-free microtransactions, and the ability for players to move smoothly between games and ecosystems.

Besides developing protocols, NEXUS is also responsible for publishing and supporting multiple products within the CROSS ecosystem. The company aims to create an equitable and sustainable global gaming experience, striving to make Web3 functionalities intuitive and essential for players and studios alike. The goal is to shape the future of player ownership and studio innovation in the gaming sector.

Stay informed about the latest updates and announcements by following CertiK on social media platforms like X, LinkedIn, Telegram, and Discord.