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DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings

Gauntlet, a startup specializing in digital asset risk management for institutions and crypto firms, has secured $125 million in funding from the Japanese financial conglomerate SBI Holdings. This significant investment, which closed in June, marks Gauntlet's largest capital infusion to date and comes as traditional finance entities increasingly engage with the digital asset space. Gauntlet, founded in 2018, initially focused on stress-testing decentralized finance (DeFi) protocols and later shifted to AI

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DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings

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  1. Fortune TIER_1 English(EN) · Ben Weiss ·

    DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings

    The Japanese conglomerate has made bets on other crypto protocols, including the lender Morpho and the blockchain Arc.