Blockchain security audit provider Zellic has announced its acquisition of Code4rena, a competitor specializing in smart contracting auditing. This marks Zellic’s first acquisition and is aimed at enhancing the company’s ability to offer comprehensive security reviews to its clients. The merger will combine Zellic’s robust auditing practices with Code4rena’s creative and competitive auditing approach, promising an enriched security service for clients.
Zellic’s CEO, Luna Tong, emphasized the company’s mission to provide the best audits possible, introducing a new offering called Audits+. This service aims to merge Zellic’s in-depth expertise with the broad coverage provided by Code4rena’s competitive auditing processes. Tong expressed confidence that Audits+ will set a new standard for thorough project reviews, significantly benefiting clients seeking reliable security assessments.
Zellic’s CTO, Jazzy Bedi, noted that the technical skills of Zellic’s security engineers, combined with the diverse expertise of Code4rena’s participants, will create an unparalleled auditing service. The collaboration seeks to reinforce the quality and effectiveness of blockchain security audits, addressing the evolving needs of clients in the blockchain space.
Code4rena’s CEO also expressed enthusiasm about the partnership, assuring users that the platform will continue to operate independently while maintaining its trusted reputation. The acquisition has garnered positive feedback from industry experts, including Paradigm’s research partner, samczsun, who praised Zellic as one of the leading auditing firms globally, further validating the strategic significance of this merger in enhancing blockchain security offerings.
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