Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued a...
The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November. Consensys Raises $450 Million, Proceeds From the Round Will Be Converted to Ether The Ethereum software and incubator firm Consensys has revealed it closed a $450 million Series D led by the venture capital firm Parafi Capital. The financing round also saw participation from Third Point,....
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MetaMask’s monthly active users have grown 38-fold since 2020 as demand for DeFi and NFTs continues to surge. Blockchain infrastructure provider ConsenSys has reached a lofty valuation of $3.2 billion after closing a $200 million funding round, joining over a dozen other crypto-focused companies to reach coveted unicorn status this year alone.The $200 million financing round saw participation from several new investors, including Marshall Wace, Third Point and Think Investments, who contributed alongside existing investors such as Dragonfly Capital, Electric Capital, Spartan Group,....
The Ethereum incubator's instructional program offers scholarships to help developers get started with coding in Solidity.
On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.”
Consensys Obtains Mycrypto Ethereum Wallet, Plans to Merge With Metamask in the Future
Consensys has acquired the Ethereum-based wallet Mycrypto for an undisclosed sum according to an announcement released on Tuesday. The deal aims to....
The DeFi economy continues to be built on Ethereum. A new report from ConsenSys highlights the extent to which the Ethereum network drives decentralized finance. The Ethereum (ETH) network continues to be a major driving force behind decentralized finance, signaling the continuation of a trend that began around mid-2020, according to a new quarterly DeFi report by ConsenSys. By the end of June 2021, 2.91 million unique Ethereum addresses had interacted with at least one DeFi protocol, representing 65% growth from the previous quarter. “As community driven education, simple user interfaces,....
ConsenSys announced yesterday it had collaborated with Microsoft to implement its tools for building Ethereum-based decentralized applications (dapps) directly into the software giant's Visual Studio programming platform, a service that boasts more than 3 million registered users. During a tour of ConsenSys' Brooklyn, New York-based headquarters earlier this month CoinDesk was given a behind-the-scenes look at where the company's 30 New York City employees are helping mount a global push into both the financial and digital sectors with their distributed ledger technology. Outside, the....