GoPlus is building a permissionless, modular Web3 security layer, designed to integrate with any blockchain network.The company also plans to introduce a token, which will be used primarily for gas fees and act as an incentive for developers to engage with GoPlus services.Unmute

Most Executives Reportedly See Digital Assets as Strong Fiat Alternative in Next 5–10 Years

07:08Key Takeaways From Elliptic’s Case Study of Ransomware Attacks07:30Crypto and Security: Tips to Prevent Hacks for Exchanges to Nations Embracing Bitcoin09:46How to Keep Your Crypto Safe04:15US State Department Offers to Pay for Cybercrime Tips With Crypto

Web3 cybersecurity company GoPlus has raised $10 million in a private financing round with participation from a host of heavyweight crypto investors including OKX Ventures, HashKey Capital and Animoca Brands, according to an emailed announcement shared with CoinDesk on Wednesday.

GoPlus is building a permissionless, modular Web 3 security layer, designed to be integrated with any blockchain network, to help architects enhance user safety and protection from cyber threats.

To supplement the growth of its security layer, GoPlus also plans to introduce a token, which will be used primarily for gas fees and act as an incentive for developers to engage with GoPlus services.

Read More: Coinbase, Circle, Kraken Join Crypto's New 'Neighborhood Watch' for Cyberthreats

Edited by Sheldon Reback.