ConsenSys Completes $200 Million Financing Round

ConsenSys, the blockchain technology solutions provider, announced recently the completion of a $200 million funding round, which took its valuation to $3.2 billion.

New investors include Marshall Wace, Third Point, ParaFi Capital, Think Investments, Dragonfly Capital, Electric Capital, Spartan Group, DeFiance Capital, Animoca Brands, Coinbase Ventures, and HSBC. Sullivan & Cromwell LLP acted as ConsenSys’ legal advisor in this transaction.

CMC Markets Connect's Andrew Wood Talks How Volatility Indicator Helps Institutional Clients

ConsenSys is committed to unlocking the collaborative power of communities by making Web3 (decentralized apps that run on blockchain) universally easy to use, access, and build on.

“We are honored to partner with some of the top financial and strategic investors from both traditional and next generation economies to accelerate the realization of Web3. As our technology crosses into the mainstream, we are already seeing the transformation of how larger and larger cohorts of builders, users, artists, and enterprises live and work,” said Joseph Lubin, Founder & CEO of ConsenSys and Co-creator of Ethereum.

This April, Fazzaco reported that ConsenSys has raised $65 million​ in funding from mainstream global financial services firms like Mastercard, JPMorgan and UBS.