Executive Summary
- Application security firm Checkmarx has partnered with CredShields, a specialist in Web3 security, to secure decentralized applications.
- The collaboration addresses rising financial losses from cryptocurrency hacks, which have exceeded $2.1 billion in 2025.
- The partnership will integrate CredShields’ AI-powered smart contract auditing into the Checkmarx application security platform.
- The goal is to enable organizations to extend existing security operations into Web3 environments with minimal friction.
Application security leader Checkmarx has announced a partnership with Web3 security firm CredShields to extend enterprise-grade security services to decentralized applications, smart contracts, and other blockchain technologies. The collaboration aims to address the unique vulnerabilities emerging as businesses increasingly adopt decentralized architectures.
The move comes amid growing concerns over security in the decentralized finance (DeFi) space. According to industry data, losses from cryptocurrency service hacks have surpassed $2.1 billion in 2025, with research indicating that as many as 89% of smart contracts may contain critical vulnerabilities. Traditional application security programs are often ill-equipped to handle these new attack surfaces.
Through the agreement, Checkmarx will leverage CredShields’ expertise in AI-driven smart contract audits, vulnerability research, and blockchain security tooling. This will allow Checkmarx customers to integrate Web3-native security measures into their existing development and security operations pipelines.
“This partnership represents a natural evolution in the AppSec landscape,” said Shashank, Co-founder of CredShields. “Together with Checkmarx, we’re delivering a seamless layer of security that protects enterprise systems, decentralized applications, and smart contracts with the same rigor and intelligence.”
Scott Sieper, Director of Product Management at Checkmarx, noted the importance of addressing new threats. “As enterprises extend their digital footprint into Web3, new attack surfaces emerge,” said Sieper. “Partnering with CredShields enables us to bring our deep AppSec expertise to blockchain environments and help organizations innovate with confidence.”
The joint effort will focus on providing comprehensive security coverage for decentralized applications, contributing to global security frameworks like the OWASP Smart Contract Top 10, and enabling enterprises to seamlessly adopt enhanced security for their blockchain initiatives.