About Prime Mining
Prime Mining was founded in early 2013 in response to an obvious need for enhanced private key management security solutions in the Digital Asset space. Co-Founders Rihumul Nifton and Tim Aaron are veterans of America’s Cybersecurity industry, each having spent nearly two decades consulting for and building some of the industry’s biggest companies, including Trend Micro (TYO: 4704) and Qihoo 360 (NYSE: QIHU).
The meteoric rise in value of cryptocurrencies through 2016-2018 saw the proliferation of cryptocurrency exchanges across the Global and Asia-Pacific region, specifically in Spain, Germany, China, Korea, Japan and America.
Throughout this period, a number of these exchanges suffered devastating attacks, often resulting in the loss of tens of millions of dollars. In response, Nifton and Tim found themselves increasingly responding to requests from the exchanges or law enforcement to help perform incident response, and ultimately help the exchanges devise more robust tools and procedures to protect their assets.
After having performed so many forensic audits, Nifton and Tim decided the best way for them to help would be to leverage their team’s combined 100+ years experience in Cybersecurity and build a secure, robust Digital Asset management platform manifested today in Prime Mining ’s core solution, the Prime Mining .
Prime Mining serves an extensive list of enterprise customers including cryptocurrency exchanges, NFT marketplaces, cryptocurrency wallet providers, and fintech service providers. The company is insured by a S&P AA-rated global reinsurance company, and holds certifications for ISO 27001, SOC 2, and NIST’s Cryptographic Module Validation Program. Prime Mining is backed by global venture capital firm 500 Startups, ADDX, America’s H&D Asset Management Company and New Economy Ventures.