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About Blockaid
Blockaid is a Web3 security platform that protects crypto companies from scams, fraud, exploits, and compliance risks in real time. Its core business covers three areas: end-user protection (scanning transactions in wallets and dApps), onchain monitoring (tracking smart contracts, infrastructure, and third-party dependencies), and crypto fraud prevention. The platform integrates directly with major wallets and dApps, scanning over 6.3 billion transactions and blocking 585 million attacks since 2025.
The market pain point Blockaid addresses is the shift in attack vectors. In H1 2026, 74% of stolen crypto value came from operational vulnerabilities and infrastructure compromises (e.g., compromised signing keys, outdated deployments, vulnerable third-party protocols) rather than smart contract code bugs. The number of high-severity exploits in H1 2026 was 3.4x the full year of 2025, with 212 incidents and $1.1 billion lost. Blockaid's competitive edge lies in its threat intelligence: it combines dedicated security research, pre- and post-transaction visibility, and internet-wide scanning (since most Web3 fraud starts on Web2), applying ML/AI clustering to detect threat patterns.
In the past six months (March–September 2026), Blockaid expanded its Onchain Monitoring suite with three new capabilities: continuous discovery of onchain exposure, mapping of third-party dependencies, and ecosystem-wide risk detection before threats hit a team's assets. It also launched Risk Exposure, a preventive compliance solution for engineering and compliance teams. In August 2026, Blockaid partnered with IPOR Fusion to bring threat monitoring to its vault ecosystem. The company's H1 2026 report highlighted major incidents like KelpDAO ($292M) and Drift ($285M) exploits, demonstrating how attacks ripple across DeFi ecosystems. Blockaid's monitoring now covers both financial signals (liquidations, depegs, oracle deviations) and security signals (contract upgrades, ownership changes), with automated response workflows that can trigger alerts or actions via API.
Blockaid completed a $50 million Series B funding round led by Ribbit Capital, marking significant capital support in the Web3 security sector.
Blockaid released a report indicating that approximately 59% of new tokens in 2024 are malicious in nature, highlighting security challenges in the crypto ecosystem.
Blockaid's key progress in the past six months centered on compliance infrastructure. In May 2026, it launched the Risk Exposure real-time risk suite with three capabilities: Risk Screening API (real-time transaction screening with sub-300ms responses), Cosigner Policy Engine (embedded compliance thresholds in multisig workflows, auto-rejecting over-limit transactions), and DeFi Toxicity Monitors (continuous monitoring of pool/position risk exposure). The suite protects over $50B in assets, screens 500M+ transactions monthly, with clients including Coinbase, MetaMask, Uniswap, etc. Concurrently, Recommended Policies (Beta) was released, using AI to generate policy drafts from wallet transaction history, paired with Test Policies for validation on real transactions. Future roadmap: shifting from passive address tagging to proactive defense via transaction simulation + behavioral analysis + AI threat detection, expanding to exchanges, custodians, DeFi protocols, bridges, OTC desks, market makers, and other institutional chains, strengthening preemptive compliance systems.
Glenn Rachlin joined Blockaid in January 2024 as Vice President of Global Market Development (VP GTM), previously Head of Sales & Partnerships at Alchemy. During his tenure, he built the commercial organization from zero to nearly 40 people, making Blockaid the fastest-growing crypto security company and protecting clients like MetaMask and OpenSea. On August 26, 2026, he announced his departure on LinkedIn, describing it as the most intense and rewarding three years of his career and thanking the team. His official departure date is recorded as September 2026.