ShentuChain Unveils a Constellation of High-profile Investors

ShentuChain, a leading security company in the Web3 industry, has announced its high-profile investors, signalling a significant endorsement from the industry’s elite.

The funding round saw the participation of various top venture capital funds, including Binance, OKX, Bitmain, KuCoin, Neo, DHVC, DraperDragon, Fenbushi Capital, Matrix Partners, and Lightspeed Venture Partners. This will strategically enhance Shentu’s technological infrastructure and refine components of Shentu’s security ecosystem.

One of the key components, OpenBounty, is an innovative platform aimed at revolutionising bug bounty programs and enhancing security within the Web3 industry. Launched at the end of last year, OpenBounty’s approach is the development of a Decentralised Autonomous Organization (DAO) for white hat hackers, directly tackling the challenges they face in the bug bounty market.

Following this, Shentu unveiled its first inscription trading market within the Cosmos ecosystem, alongside its first on-chain digital artefact — OpenBounty inscription. These initiatives collectively enhance user experience within the Shentu community and ensure OpenBounty’s long-term sustainability and growth.

The latest approaches have demonstrated that ShentuChain reinforces its position as a leader in blockchain security, marking a significant evolution in its commitment to safeguarding the future of Web3.

About ShentuChain

ShentuChain, founded in 2019, is committed to advancing security and trust in decentralised technologies. With a focus on innovation and collaboration, ShentuChain seeks to empower developers, enterprises, and users with tools and platforms that set new benchmarks in security and efficiency. Envisioning a more secure decentralised future, ShentuChain dedicates itself to pioneering solutions that build trust and enhance innovation in the Web3 space.

https://www.shentu.technology