HatsFinance
2 min readAug 14, 2023

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Arcadia Joins ‘Skin in the Game,’ Enhancing Trust and Security in the Web3 Ecosystem

In a significant move towards a more secure and trusted web3 environment, Arcadia, a prestigious web3 auditing and security company, has become the latest addition to the ‘Skin in the Game’ partnership.

By joining the ‘Skin in the Game’ initiative, Arcadia has undertaken a strategic commitment to foster greater protection and trust within the web3 ecosystem. As part of this partnership, the company agrees to allocate a specified percentage of their audit service fees towards bug bounty programs in the Hats protocol.

About Arcadia

Founded in 2017 by a team of passionate software security experts, including PhD holders from the University of Paris, Grenoble INP, and the University of Texas — Austin, Arcadia is a software security firm dedicated to fortifying the financial technology industry.

With their tailored software security solutions, they serve businesses, protocols, and foundations of all sizes. They have developed and secured some of the most widely-used software in the crypto space, establishing themselves as a trusted name in the industry

Rasikh Morani, the CEO of Arcadia, shares the company’s vision and excitement for the partnership:

“We understand that auditing isn’t a one-time event, but a continual process of reassessment and reinforcement. Hats.Finance’s on-chain bug bounty protocol introduces an element of sustainability and continuous engagement in the auditing process that has been long overdue. By putting a portion of our fees into a project’s bug bounty, we are actively engaging in risk sharing, fostering a stronger relationship with our clients, and reinforcing the importance of long-term security. We’re excited to be working with the Hats Team.”

A New Vision for Web3 Security:

Our collaboration with Arcadia marks a pivotal step in the collective effort to advance security measures and confidence within the web3 space. Their commitment to continuous reassessment, sustainability, and long-term security aligns perfectly with the Skin in the Game mission.

We look forward to a long term and fruitful partnership!

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HatsFinance

Hats.Finance a decentralized smart bug bounty marketplace. Permissionless, scalable, and open bug bounty protocol that allows anyone to provide liquidity.