IPO Structure and Valuation
CyberScope Web3 Security, a provider of cybersecurity and compliance solutions for digital asset platforms, has announced the terms of its initial public offering in the United States. The George Town, Cayman Islands–based company plans to raise $5 million by offering 1 million shares priced between $4 and $6 each. At the midpoint of the proposed range, CyberScope Web3 Security would be valued at approximately $105 million.
The company intends to list its shares on the Nasdaq under the ticker symbol CYSC, with Maxim Group LLC acting as the sole bookrunner for the offering.
Core Business and Service Offering
Founded in 2023, CyberScope Web3 Security operates in the rapidly expanding Web3 security market, focusing on protecting digital asset platforms from technical and compliance-related risks. Its services include smart contract audits, anti–money laundering and know-your-customer screening, penetration testing, and blockchain vulnerability assessments.
To date, the company reports completing more than 2,700 smart contract audits and over 500 KYC verifications for upwards of 3,000 clients. These clients span decentralized finance platforms, token issuers, and blockchain infrastructure providers across North America, Europe, Asia, and other global markets. According to the company, its work has helped secure more than $2 billion in digital assets.
Technology Platform and Market Recognition
CyberScope’s service suite is built around four proprietary tools: Cyberscan, Similarityscan, Safescan, and Signaturescan. These tools combine automated and manual processes to deliver code reviews, similarity analysis, transaction monitoring, and signature searches. The company’s audit badges are recognized by prominent digital asset platforms including CoinMarketCap, PinkSale, and Unicrypt, which has helped strengthen its credibility within the Web3 ecosystem.
Financial Performance and Growth Outlook
For the 12 months ended June 30, 2025, CyberScope Web3 Security reported revenue of $1 million, reflecting its early-stage growth profile. While still relatively small in scale, the company is positioning itself to benefit from increasing regulatory scrutiny and heightened security demands across the digital asset industry.
Broader Context for Web3 IPOs
CyberScope’s planned listing comes at a time when investor interest in Web3 infrastructure and security companies is becoming more selective. As digital asset markets mature, firms offering compliance-focused and security-driven solutions are increasingly viewed as critical enablers of broader adoption. The IPO will test public market appetite for early-stage Web3 security providers amid ongoing volatility in the crypto and blockchain sector.
