New York based startup providing services to DeFi protocols and organizations raised $23.8m in Series B funding led by Ribbit Capital.
"It also runs a 'stress test' to ensure that institutions aren’t taking excessive risks with crypto exposure. Gauntlet has found its popularity, especially among the DeFi platforms. Using data from crypto exchanges, Gauntlet runs an algorithm to help DeFi companies to decide on the optimal level of lending and collateral."
https://www.coinspeaker.com/gauntlet-unicorn-series-b-funding/