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

• NEXUS and the CROSS ecosystem will benefit from the auditing and smart contract security services that CertiK will bring to the table in accordance with the conditions of the MOU.
• In the realm of business growth, CertiK will collaborate closely with NEXUS to jointly build its strategy for expanding its presence in the Asian market.
• Furthermore, the firm will provide assistance for legal frameworks for stablecoin efforts located in Asia and will offer on-chain risk monitoring capabilities in order to assist in the identification of potential dangers.

CertiK, the largest Web3 security services provider in the world, has signed a Memorandum of Understanding (MOU) with NEXUS, the blockchain infrastructure that supports the South Korea-listed company CROSS Protocol. The purpose of this agreement is to improve security, auditing practices, on-chain risk monitoring, and stablecoin infrastructure throughout the CROSS ecosystem. An agreement has been reached between the two organizations that will signal the beginning of a long-term partnership. This comes at a time when the use of on-chain gaming and digital asset transactions, both of which need effective security protections, is increasing.

NEXUS and the CROSS ecosystem will benefit from the auditing and smart contract security services that CertiK will bring to the table in accordance with the conditions of the MOU. Furthermore, the firm will provide assistance for legal frameworks for stablecoin efforts located in Asia and will offer on-chain risk monitoring capabilities in order to assist in the identification of potential dangers. These efforts will contribute to the maintenance of a secure foundation for the payment infrastructure of NEXUS as well as the broader CROSS ecosystem that is currently in the process of being developed.

In the realm of business growth, CertiK will collaborate closely with NEXUS to jointly build its strategy for expanding its presence in the Asian market. At the same time, the breadth of their partnership will gradually expand, with a particular emphasis on Web3 security and enterprise blockchain solutions.

“As stablecoin and on-chain gaming continue to grow, the industry’s need for trustworthy security, clear governance, and strong compliance has never been more important. Our partnership with NEXUS is an important step toward advancing security standards across Web3. We look forward to working closely with NEXUS to support the ecosystem’s long-term growth and innovation,” said Ronghui Gu, CEO and Co-Founder of CertiK.

NEXUS CEO Hyun-guk Chang stated, “Trust, security, and regulatory readiness are core elements in expanding the blockchain ecosystem. Our collaboration with CertiK will not only secure global-level security standards but also become a turning point that accelerates NEXUS’s business expansion.”

An estimated six hundred billion dollars’ worth of digital assets has been protected by CertiK, which has provided assistance for more than five thousand projects throughout the world. Penetration testing, Skynet, SkyInsights, Know Your Customer verification, and node services are some of the services that the firm provides to assist enterprises in improving their Web3 infrastructure security posture. As blockchain technologies continue to develop, CertiK is making larger efforts to build safer digital ecosystems, and the relationship with NEXUS is a reflection of those efforts.

CertiK is the most prominent provider of Web3 security services. The company employs cutting-edge formal verification technology to safeguard blockchain protocols and smart contracts inside the blockchain ecosystem. The business, which was established in 2017 by academics from Yale and Columbia, is bringing academic innovation to enterprise-scale applications. It has become one of the most trusted brands in blockchain security and is seeing rapid growth. In addition to securing digital assets worth more than $600 billion, CertiK has provided services to more than 5,000 customers, some of which include Aptos, Ripple, Sandbox, Polygon, BNB Chain, and TON, and has discovered more than 180,000 code vulnerabilities. The valuation of CertiK is more than two billion dollars, and it is supported by top-tier investors such as Sequoia, Coatue, Goldman Sachs, Shunwei Capital, and Insight Partners. Stay up to date with the most recent news and announcements by following X, LinkedIn, Telegram and Discord.

NEXUS is a gaming firm that has been established in South Korea and has been listed on the KOSDAQ since 2015. It is well-known for its highly developed capabilities across several platforms. Through its role as the development partner behind CROSS Protocol, NEXUS is able to provide on-chain products and infrastructure that facilitate the seamless integration of Web3 features by studios. These features include wallet-optional onboarding, gas-free microtransactions, and seamless player mobility between games and ecosystems. In addition to the creation of protocols, NEXUS is responsible for publishing and supporting many products inside the CROSS ecosystem. It collaborates with partners to provide a worldwide gaming environment that is both equitable and sustainable. Through the process of making Web3 invisible until it becomes important and indispensable, the firm is committed to influencing the next phase of player ownership and studio development.