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Home News

Merkle Science Acquires Staging Labs

June 4, 2024
Reading Time: 3 mins read
in News
Merkle Science Acquires Staging Labs

Merkle Science has acquired Staging Labs, a leader in real-time mitigation technology for the cryptocurrency sector. This acquisition expands Merkle Science’s product offerings and strengthens its presence in the US and Canada. Staging Labs’ expertise in real-time threat mitigation will enhance Merkle Science’s capabilities in EVM and Tron attribution, bolstering its overall security solutions.

The integration of Staging Labs’ technology will enable Merkle Science to provide a more robust security suite that addresses both predictive and immediate threats. This will better support law enforcement, cryptocurrency exchanges, and protocols across North America. The combined expertise of predictive analytics from Merkle Science and real-time mitigation from Staging Labs aims to improve the ability to detect and respond to illicit activities in the crypto market.

Mriganka Pattnaik, CEO of Merkle Science, expressed enthusiasm about the acquisition, emphasizing that it aligns with the company’s mission to foster trust in the crypto industry. By combining Staging Labs’ real-time mitigation technology with Merkle Science’s analytics, the company aims to offer a comprehensive solution that enhances security and compliance for its clients.

Jake Harwood, Co-Founder & CTO of Staging Labs, is excited about joining Merkle Science and contributing to enhanced cross-chain security. The two teams will collaborate to develop advanced security solutions, ensuring clients receive top-level protection. This acquisition supports Merkle Science’s goal of building a safer cryptocurrency ecosystem and advancing its efforts to prevent financial crimes.

Reference:

  • Merkle Science Acquires Staging Labs Boosts Crypto Security
Tags: acquisitionsCanadaCryptocurrencyCyber NewsCyber News 2024Cyber threatsCybersecurityJune 2024Merkle ScienceNorth AmericaStaging LabsUSA
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