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Phylax Systems develops security frameworks for decentralized applications in the crypto sector.
Phylax Systems develops an open-source security framework for decentralized applications. Its Credible Security Layer evaluates security assertions off-chain and can post proof of violations on-chain. The company is based in New York, US. In October 2024, it raised USD 4.5 million in pre-seed funding co-led by Figment Capital and Nascent, with participation from Public Works, Hash3, Breed VC, Bankless Ventures, and Robot Ventures.
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