jakiro
Source: 36 氪
Japan’s web3 security project KEKKAI (enchantment) completes the seed wheel financing of 230 million yen. The Web3 Fund, Silicon Valley accelerator Plug and Play, which is funded by Japanese financial giant SBI Holdings, Silicon Valley Accelerator, MZ Web3 Fund, Bixin Ventures, Sora VenturesWait for funds to invest.
This financing will be used for iteration of TOC security products, the improvement of marketing policies for market security literacy, the expansion of the security service business such as Audit, and the recruitment of marketing HR, security engineers, and web3 researchers.
Prior to this round of financing, the company completed the Pre-SEED round of financing in February 2023, and the investor was Japan’s local VC Skyland Ventures.
Kekkai’s main creative team
KEKKAI is a Japanese startup, hoping to increase the security of cryptocurrency transactions and help users reduce asset risks.
It is understood that KEKKAI was established in January 2023. It focuses on the development and operation of Web3 safety products for general consumers. In February 2023, the first round of 50 million yen financing was completed.10,000 people, protecting the total assets of about 20 billion yen.
KEKKAI’s products are about to be launched in the market after this round of financing, including “mobile WEB3 security browser” and corporate web3 security brand “KEKKAI LABS”.
From the perspective of market demand, although there are many directions in the current Web3 security, most wallets are one of the infrastructure of transactions, and the security experience is not high.An obvious manifestation is that even if the wallet is often used as a medium to be authorized, for users, many times the signature requests displayed by wallets are often “not easy to read.”
Kekkai is committed to solving this problem.From the perspective of effect, if users use KEKKAI, they can obtain the risk judgment information it provided in the transaction -if there is an exception, KEKKAI will show the risk prompt on the page.
Specifically, the logic of the product, KEKKAI mainly uses two steps through “transaction data analysis+simulation transaction -risk judgment” to improve the safety of wallets.He further explained that when the transaction occurs, KEKKAI will execute transaction data through EVM in Ethereum nodes, and analyze the operating code related to smart contracts from it to predict the current transaction status.
“Through this step, we can let users see the prediction results. For example, in his own account, it is likely that, such as” loss of Ethereum, buying a NFT, transferring 10 NFT ‘, etc. “Duma explained.
In this process, KEKKAI can also help determine whether there are security risks such as false NFT fraud in transactions.For example, when ensuring the safety of NFT, KEKKAI will comprehensively judge whether NFT obtains blue label certification, exchanges’ regular contract names, and floating price floating on the exchange.In the end, users will see a comprehensive risk judgment result (such as warning).
In the future, KEKKAI will further expand its business, popularize the web3 user contest of the web3 user concession of the company to achieve the vision of the company at the beginning of the establishment of the company.
In terms of team composition, the founder and CEO Doma is a Chinese student who is currently studying at Waseda University. He started his business in Japan and has continued to start a business in Japan many times in 2019. Most Chinese among other team members come from byte beating.
