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Blockaid lands $40 million in funding commitments following Binance hack, Axios reports

Onchain threat-prevention platform Blockaid has secured $40 million in funding commitments following a reported $6.3 billion hack on Binance, according to Axios.

Blockaid logo in white lettering on a black background
Image: @Cointelegraph

Blockchain security firm Blockaid has secured $40 million in funding commitments, Axios reported. The capital commitments arrived in the wake of a reported $6.3 billion hack on crypto exchange Binance, which has redirected fresh capital toward crypto security technology.[1][2][3]

The threat-prevention provider previously raised $50 million in a Series B round led by Ribbit Capital in February 2025.[1][2]

Key facts

  • Blockaid secured $40 million in funding commitments, according to reporting from Axios.
  • The commitments follow a reported $6.3 billion hack on cryptocurrency exchange Binance.
  • Blockaid previously raised $50 million in a Series B round led by Ribbit Capital in February 2025.

Sources 路 3 sources

  1. CO

    Cointelegraph@CointelegraphPost on X 路

    馃毃 JUST IN: Binance鈥檚 $6.3B hack drives new money into crypto security, as onchain threat-prevention platform Blockaid secures $40M in commitments, per Axios. https://t.co/ylY9P7SF5d

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  2. TB

    The Block@TheBlockCoPost on X 路

    NEW: Blockchain security firm Blockaid has secured $40 million in funding commitments in the wake of the $6.3 billion Binance hack, Axios reported. Blockaid previously raised $50 million in its Series B round led by Ribbit Capital in February 2025. https://t.co/U6RZ9RVsNo

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  3. CB

    Crypto BriefingArticle 路

    Blockaid secures $40M in funding commitments after $6.3B Binance hack The Binance hack underscores the critical need for enhanced security measures in crypto exchanges, influencing future investment in security tech. The post Blockaid secures $40M in funding commitments after $6.3B Binance hack appeared first on Crypto Briefing .

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