Woofun AI reports that DeFi risk management protocol Gauntlet has finalized a $125 million funding round, with Japanese financial institution SBI Holdings participating as an investor. The transaction was completed in June, and no other participants were disclosed for this specific round.

The company did not reveal its valuation at the time of this fundraising event. Gauntlet previously secured $24 million in a Series B round led by Ribbit Capital in 2022, achieving a valuation of $1 billion.