[progval]

Can't Element (the company) fund audits?

[Arathorn]

Element doesn't have the $, thanks to footing the bill for most (90%+) of the core Matrix work on behalf of the rest of the Matrix ecosystem.

[jacooper]

Element is probably already footing the bill for the main matrix.org server + they really need to improve their clients, and that is from a users perspective more important than a security audit.