Redefine — security solution for institutional DeFi funds

Industry/Technology: AI (Artificial Intelligence), blockchain, fintech, technologies, web 3.0

Region – Middle East

Founded: 2021

Technology: Cloud Computing, Network Infrastructure, AI 

Industry: Fintech, Web3 Security

Problem solving

The Due Diligence solution helps traders easily evaluate the legitimacy of blockchain projects, smart contracts, and wallets, enabling them to make informed and secure investment decisions.

How it works:

  • Complete token validation: validate tokens comprehensively, assessing risks and vulnerabilities. View token distribution and associated risk assessments.
  • Smart contract insights: understand smart contracts thoroughly, detecting vulnerabilities and past issues. Access historical and usage data for secure DeFi transactions.
  • Instant EOA reputation analysis: discover the history and reputation of Externally Owned Accounts instantly. Investigate EOAs and multisigs with detailed data on their DeFi history.

Value

  • Enhanced user trust: plain-English transaction insights and risk assessments
  • Competitive edge: advanced features like DeFirewall and Due Diligence
  • Reduced risk: mitigation of potential losses through robust security features

Achievements

  • Investments of $11 million from Ribbit Capital (2022)
  • Partnership with fintech platform SwissBorg
  • Partnership with digital asset management platform Safe (2023)
  • Participation in Crypto’s premier conference Digital Asset Summit (2022)

If you have a similar solution and are looking for funding opportunities, check out the support opportunities for Web3 companies in UAE and our catalog of international competitions.