The Ethereum ecosystem solutions developer ConsenSys has attracted $65 million in funding from prominent banks, financial-services providers, cryptocurrency startups and individual investors.
We are excited to announce the close of our $65M formation round to accelerate the convergence of #DeFi and Web3 applications on #Ethereum with enterprise blockchain infrastructure.https://t.co/7B81x4lSJq
— ConsenSys (@Consensys) April 13, 2021
The funding round included JPMorgan, Mastercard, Alameda Research, the firm behind the FTX exchange, Protocol Labs, Fenbushi, Maker Foundation, The LAO, Liberty City Ventures, Greater Bay Area Homeland Development Fund and Quotidian Ventures.
ConsenSys raised the funds through a convertible-bond offering.
According to the press release, the investments will be used to accelerate the convergence of decentralized finance (DeFi) and Web3 applications on Ethereum with enterprise-grade blockchain infrastructure.
In November, ConsenSys acquired the Ethereum startup Truffle Suite.
In October, ConsenSys and Protocol Labs joined forces to integrate Ethereum with Filecoin.
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