Gauntlet Raises $125M from SBI Holdings on July 9

According to Fortune, DeFi risk management platform Gauntlet secured $125 million in exclusive funding from SBI Holdings on July 9. The investment far exceeds the company's Series B round in 2022, which raised approximately $24 million at a $1 billion valuation. Gauntlet provides stress testing and risk analysis for DeFi protocols, with recent business focus on evaluating yield vault strategies. The platform's clients include Apollo, Coinbase, and stablecoin issuer Circle.
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