ConsenSys to hire 600 employees after £344m Series D doubles valuation

Web3 network

Ethereum software leader ConsenSys has doubled its valuation in less than four months following a $450 million (£344m) Series D round of funding.

Known for products such as MetaMask, CodeFi, and Infura, the New York-based start-up is charting an astronomical takeover of the Web3 ecosystem.

Back in January, MetaMask, a token wallet and exchange offered as a browser extension or mobile app, surpassed 30 million monthly users. Meanwhile, its Ethereum development platform,...

16 March 2022 | Decentralised Finance (DeFi)

ConsenSys raises $200m from HSBC and Third Point to fund Web3 vision

Fox - MetaMask / ConsenSys

ConsenSys, a leading Ethereum software company, has raised $200 million (£149m) from investors including HSBC and US hedge fund Third Point, bringing its valuation to $3.2 billion (£2.38bn).

The New York-based start-up provides a whole host of products and services for the decentralised Web3 ecosystem, most notably the app and web browser extension MetaMask.

MetaMask allows users to hold, send, and manage digital assets in a flexible wallet that can connect with other...

23 November 2021 | Blockchain Applications

ConsenSys highlights top 20 blockchain projects listed on GitHub

top blockchain projects consensys

An article recently published by blockchain software technology company ConsenSys has highlighted top 20 blockchain projects referring to a list compiled by the State of the DApps, which collected data from software development platform GitHub.

DApps are computer applications that run on distributed computing systems.

Presently, State of the DApps lists over 3,037 applications running on numerous blockchains like Ethereum and EOS.

According to ConsenSys, the...

26 September 2019 | Blockchain

Consensys lists top 20 blockchain projects by developer activity

Consensys recently announced its list of the top 20 blockchain projects by developer activity.

The list contains 16 projects that are based on Ethereum alone, with Status holding the topmost position. Others in the list include IoTex, Aelf and two more projects, of which one is built on Tendermint, one on EOS. 

According to the New York-based blockchain software tech company’s post, “The month of June showed significant changes in rankings for activity on...

5 July 2019 | Blockchain Applications