DeFi risk management protocol Gauntlet raises $125 million in funding

The DeFi risk management protocol Gauntlet has completed a $125 million financing round, with SBI Holdings participating. This round of financing was completed in June, and the valuation at the time of financing was not disclosed. Gauntlet completed a $24 million Series B funding round led by Ribbit Capital in 2022, with a valuation of $1 billion.