CyberScope Web3 Security, which provides Web3 cybersecurity and compliance solutions for digital asset platforms, announced terms for its IPO on Tuesday.
The George Town, Cayman Islands-based company plans to raise $5 million by offering 1 million shares at a price range of $4 to $6. At the midpoint of the proposed range, CyberScope Web3 Security would command a market cap of $105 million.
CyberScope is a Web3 security and compliance provider specializing in smart contract audits, AML/KYC screening, penetration testing and blockchain vulnerability assessments. The company has completed over 2,700 smart contract audits and more than 500 KYC verifications for over 3,000 clients across DeFi platforms, token issuers and infrastructure providers in North America, Europe, Asia and other markets, securing over $2 billion in digital assets. The company’s service suite leverages four proprietary tools: Cyberscan, Similarityscan, Safescan and Signaturescan, to deliver automated and manual code reviews, similarity analysis, transaction monitoring and signature search, with audit badges accepted by platforms such as CoinMarketCap, PinkSale and Unicrypt.
CyberScope Web3 Security was founded in 2023 and booked $1 million in revenie for the 12 months ended June 30, 2025. It plans to list on the Nasdaq under the symbol CYSC. Maxim Group LLC is the sole bookrunner on the deal.
