
CertiK becomes official vendor for Hub71, giving 1,000+ Abu Dhabi startups a 20% discount on security audits backed by a $200,000 subsidy pool. The deal lowers compliance costs for Web3 firms under ADGM's rules.
CertiK, a Web3 security firm, said it was selected as an official vendor for Hub71, the technology ecosystem based in Abu Dhabi Global Market. The designation gives Hub71 portfolio companies preferred access to CertiK's security auditing and compliance services, the company said in a statement. Eligible startups receive a 20% discount on those services, backed by a subsidy pool of up to $200,000.
Hub71 is the flagship tech cluster of the Abu Dhabi government. It houses more than 1,000 startups across fintech, health, and energy. The portfolio includes firms that must meet ADGM's cybersecurity standards to operate onshore. The partnership gives them a discounted path to compliance.
The subsidy pool is modest relative to the broader Hub71 funding system, which includes startups that have raised hundreds of millions. The structure matters: it directly cuts the cost of compliance, a category of spending that tends to scale with fundraising. For early-stage Web3 projects, security spending often competes with product development. The discount lowers that barrier.
Startups that take the discount effectively outsource a portion of their security review to a single vendor. That could create concentration risk if the relationship becomes the default across the ecosystem. The deal does not involve an equity stake or exclusivity clause, based on the announcement. Other security vendors remain free to operate in the ecosystem.
CertiK's business is auditing blockchain protocols for vulnerabilities and verifying smart contract code. The firm has worked with projects such as EOS, Binance Chain, and Polygon. It also offers on-chain monitoring and penetration testing. For Hub71 companies, the subsidy lowers the cost of those services at a stage where security spending often competes with product development.
The move follows a broader push by ADGM to position Abu Dhabi as a regulated crypto hub. The jurisdiction has issued licenses to exchanges and asset managers, and it requires onshore firms to meet cybersecurity standards. CertiK's role as a preferred vendor ties directly to that compliance layer.
CertiK is privately held and does not disclose financial results. The Hub71 deal does not involve an equity stake or exclusivity clause, based on the announcement. Other security vendors remain free to operate in the ecosystem.
The subsidy pool is available for eligible Hub71 portfolio companies on a first-come, first-served basis. No expiration date was given for the program.
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