Hexagate

Hexagate

Detect and mitigate financial and cybersecurity risks in Web3.

HQ location
Tel Aviv-Yafo, Israel
Founding location
New York City, United States
Employees
Enterprise value
$60m
Company register number
516601614
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$60.0m

Valuation: $60.0m

Acquisition
Total Funding000k
More about Hexagate
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Hexagate operates in the Web3 security market, focusing on detecting and mitigating financial and cybersecurity risks associated with blockchain transactions. The company serves a diverse clientele including trading desks, crypto treasuries, wallet providers, custody solutions, Web3 applications, and end users. Hexagate's core product is its API, which integrates seamlessly into clients' applications to provide robust security measures. The business model revolves around offering subscription-based access to its API, allowing clients to leverage its security features to protect their on-chain activities. Revenue is generated through these subscriptions, which are tiered based on usage and feature access. Hexagate's market is rapidly growing as the adoption of blockchain technology increases, making its services crucial for maintaining secure and reliable operations in the Web3 ecosystem.

Keywords: Web3 security, blockchain, API, financial risk, cybersecurity, trading desks, crypto treasuries, wallet providers, custody solutions, on-chain activity.

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