Immunefi Brings Scalable Bug Bounties to White Loop Capital
Immunefi is announcing a strategic partnership with White Loop Capital, the first private investment fund in France to specialize in crypto-assets.
Declared and domiciled in France, and supervised by a legal compliance agency, White Loop Capital aims to democratize access to crypto investments, while providing early-stage support to projects according to their needs.
This collaboration between Immunefi and White Loop Capital aims to establish a standard of security across all projects that are part of White Loop’s cohort, which will each adopt scalable bug bounties in an effort to secure user funds against exploits.
“White Loop Capital is doing what we think every VC or investment firm should be doing — encouraging their portfolio clients to take security seriously. Having a bug bounty program on our platform is one of the greatest ways to improve security levels of projects and we look forward to working with them and their portfolio clients in delivering this service,” said Travin Keith, co-founder of Immunefi.
“Immunefi allows any project, regardless of its blockchain, to adopt a program to identify vulnerabilities that could compromise user funds as well as the project’s health in general, in the spirit of accessibility and horizontality,” said Noé Giglio, co-founder of White Loop Capital. “That philosophy, and contribution towards a safer ecosystem is the reason why we decided to work with Immunefi, in order to help the projects we support reach the security standards they and their future users deserve.”
White Loop Capital’s investments include flagship projects like Panther Protocol: a DeFi protocol that is building on top of multiple chains, including: Ethereum, Polygon, Avalanche, Flare, and NEAR; solving user pain points such as scalability and individual privacy.
Other projects they have worked with are: XP.network, which is a multichain NFT bridge, and Vabble, the content-streaming platform that joins token governance with content production.
As the premier bug bounty platform of DeFi, Immunefi has been a pioneer in Web3 security by establishing the scaling bug bounty standard — a successful model that has already averted more than $2 billion dollars in potential hack damages.
Immunefi hosts the largest bug bounties in the world, as well as an elite community of hackers that includes some of the top security talents from all over the world. Over 200 projects have signed up for our industry-leading bug disclosure platform, including some of the best-known protocols in DeFi: TheGraph, Polygon, Sushi, Lido, xDAI, and many more.
By joining hands with partners like White Loop Capital, Immunefi advances a step closer towards realizing our goal of providing a safe, secure, and usable future of decentralized applications for users everywhere.
