Gauntlet completes $125 million funding round with participation from SBI Holdings

Foresight News reports that the DeFi risk management protocol Gauntlet has raised 125 million dollars, with Japanese financial giant SBI Holdings participating in the round. The financing was completed in June, with no other participants and the valuation undisclosed at the time of the raise.

Gauntlet completed a 24 million dollar Series B financing led by Ribbit Capital in 2022, with a valuation of 1 billion dollars.