Solidus Labs

Company Overview

Snapshot

Founded in July 2017 by Asaf Meir and Chen Arad, Solidus Labs operates with 51–200 employees. The company has raised $68.5 million across 3 funding rounds from 5 investors. In May 2022, Solidus Labs secured a funding round led by.

Business overview

Solidus Labs develops a trade surveillance platform designed to enhance manipulation detection in the cryptocurrency market. Its blockchain-native, machine learning-powered platform provides tailored actionable alerts, streamlined ticket management, and regulatory reporting. By continuously learning about new manipulation schemes, the company enables financial service providers to mitigate risk, improve transparency, and reduce costs associated with trading crypto assets. Solidus Labs operates within the Fintech & Insurtech sector, focusing on trading and investing, and leverages artificial intelligence and machine learning to serve financial services, particularly in virtual currencies.

Strategic signal

In October 2022, Solidus Labs launched a Web3 AML solution capable of identifying nearly 200,000 rug pulls and smart contract scams, which represent 8% of all Ethereum tokens. This development signals the company's proactive approach to addressing critical security and compliance challenges within the rapidly evolving Web3 and decentralized finance landscape, offering a significant tool for market integrity and investor protection.

Company Intelligence Q&A

What is Solidus Labs' core offering?

Solidus Labs provides a trade surveillance platform that utilizes blockchain-native and machine learning technologies to detect manipulation in the cryptocurrency market, offering alerts, ticket management, and regulatory reporting.

When was Solidus Labs founded and by whom?

Solidus Labs was founded in July 2017 by Asaf Meir and Chen Arad.

What was a significant product launch by Solidus Labs in 2022?

In October 2022, Solidus Labs unveiled a Web3 AML solution designed to flag rug pulls and smart contract scams, identifying nearly 200,000 such instances on the Ethereum network.

Which investors participated in Solidus Labs' May 2022 funding round?

In May 2022, Solidus Labs received funding in a round led by.

What was a key funding event for Solidus Labs in 2021?

In May 2021, Solidus Labs secured a funding round led by.