Blockchain Security Firm ChainSecurity Acquired By PwC Switzerland

Blockchain, News | January 7, 2020 By:

Consulting giant PwC Switzerland has acquired blockchain security firm ChainSecurity.

ChainSecurity is a spin-off from the ICE Cente, a research and development lab at ETH Zurich, a leading university in Europe. The company offers technical audits for smart contracts and helps clients identify weak points in their projects. ChainSecurity claims to have over 75 blockchain companies as clients, including Paxos, Polkadot and Zilliqa.

As part of the acquisition, the ChainSecurity team wil join PwC Switzerland. The team will focus on accelerating PwC Switzerland blockchain audits, including technical audits of smart contracts and blockchain platforms as well as hedging services risks for customers with crypto assets.

“As part of PwC Switzerland, we will stay true to our mission of bringing trust to blockchain projects,” the ChainSecurity team said. “We are thankful to all our clients and colleagues for supporting us throughout this journey. We are excited for this new chapter!”