CertiK partners with YZi Labs to launch $1M security audit fund

Global Web3 security firm CertiK has announced a strategic partnership with YZi Labs, formerly Binance Labs. Through the collaboration, the two will establish a $1 million security audit fund for the EASY Residency, a global incubation program operated by YZi Labs. CertiK will also provide advanced security services, including Formal Verification, Skynet Boosting, and AI Scan. The companies stated that the initiative aims to introduce security capabilities from the incubation stage, raising the overall security standards of projects and promoting the sustainable development of the Web3 ecosystem.