Solidus Labs builds crypto-native market integrity and risk monitoring solutions, anchored by its HALO suite for trade surveillance, transaction monitoring and threat intelligence. HALO is an all-in-one, real-time platform that services dozens of crypto and DeFi platforms, financial institutions and regulators, deploying over 50 proprietary market-abuse typologies. The platform monitors more than 1 trillion trading events per day across more than 150 markets and protects upwards of 25 million crypto market participants. Solidus reports massive demand for its solutions, has more than quadrupled its team since early 2021, and says it has experienced a 560% year-over-year revenue increase. The company is active in industry-regulator dialogue—founding the Crypto Market Integrity Coalition and hosting its DACOM Summit with SEC leadership participation. Future plans include accelerating threat intelligence capabilities, expanding R&D to address DeFi-specific use cases, and supporting financial institutions expanding into DeFi. Solidus Labs, a four-year-old New York-based startup, builds surveillance and risk-monitoring software that detects market manipulation across cryptocurrency trading platforms. It was founded by former Goldman Sachs electronic trading desk colleagues and is led by CEO Asaf Meir. The company originally sold primarily to exchanges, broker-dealers, OTC desks, liquidity providers and regulators but has seen rapidly growing inbound interest from DeFi actors such as automated market-making pools, lending networks, indexes and stablecoins. Its tools aim to identify risks including rug pulls, sandwich attacks, front running and flash-loan attacks. Solidus has declined to name customers publicly. Financially, the firm closed a $20M Series A six months ago and has just raised an additional $15M. The company says it intends to operate as an independent business. Solidus Labs provides surveillance and risk-monitoring software that detects market manipulation and other illicit trading behaviors on cryptocurrency platforms. Its detection covers volume and price manipulation including wash trading, spoofing, layering, pump-and-dumps and a growing set of crypto-native alerts. The company consumes private client data into proprietary detection models and surfaces insights and alerts through a dashboard as a subscription service. Customers include exchanges, broker-dealers, OTC desks, liquidity providers and regulators, and the company has a growing pipeline that has included platforms like Bittrex. Inbound demand increased roughly 400% over 2020, prompting hiring growth. Founded in 2017 by former Goldman Sachs electronic‑trading engineers, Solidus employs about 30 people, has raised $23.75 million to date (including a $20M Series A), and is doubling headcount while planning offices in Asia and Europe. Solidus Labs offers a web-based, machine learning–powered trade surveillance platform tailored to digital-asset markets. The platform is deployed with exchanges, broker-dealers, hedge funds and market makers across Europe, the United States and Israel. Its ML detection models reportedly reduce false positive alerts by at least 30% and include advanced case management, back-testing, investigative tools and integrated regulatory reporting. The company was founded by former Goldman Sachs engineers and positions its product to address novel manipulation schemes and evolving regulatory requirements. Solidus aims to expand its engineering and machine-learning teams as well as sales, marketing and customer success to meet growing demand from institutional digital-asset firms.

Total raised

$83M

Funding rounds

4

Latest round

Series B

Latest activity

May 2022