PwC Switzerland takes over blockchain company

Ridhima Sharma
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PwC Switzerland takes over blockchain company

Theteam from ChainSecurity AG, a spin-off from ETH Zurich and former market leader for smart contract and blockchain audits, has joined PwC Switzerland.Thanks to the take over, PWC Switzerland becomes the global market provider in blockchain smart contract assurance. In cooperation with the globally active company, the Chainsecurity team can now focus on large, regulated companies.

Andreas Eschbach, partner and head of Risk Insurance for Switzerland and PwC Europe, commented: As part of PwC Switzerland, the ChainSecurity team will focus on accelerating PwC Switzerland blockchain audits, including technical audits of smart contracts and blockchain platforms as well as hedging services risks for customers with crypto assets."

Chainsecurity was founded in 2017 and lists twelve employees on the website. The company belongs to various industry organisations in the blockchain sector, including the Crypto Valley Association and the Swiss Blockchain Federation.