PANews reported on June 10 that according to Axios, Web3 security startup Hypernative has completed a $40 million Series B financing round, led by Ten Eleven Ventures and Ballistic Ventures, with participation from StepStone Group, Boldstart Ventures and IBI Tech Fund. Hypernative focuses on real-time blockchain threat prevention and has served more than 200 customers, protecting more than $100 billion in total assets. Its AI system can identify signs of attacks in advance, and successfully warned of potential losses of $2.2 billion in 2024.