CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • CryptoPotato Crypto Fund
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • bitcoin
    BTC$21,407.00
  • ethereum
    ETH$1,236.67
    • Market Updates
    • BTC Analysis
    • ETH Analysis
    • XRP Analysis
    • Interviews
    • Crypto Fund
    CryptoPotato
    CryptoPotato
    • Crypto News
    • Margin Trading
    • Guides
      • Bitcoin & Crypto Guides 101
      • Bitcoin For Beginners
      • Editorials
    • DeFi & NFT
    • Buy
    • Language
    • Crypto News
    • Bitcoin For Beginners
    • Cryptocurrency Guides 101
    • Editorials
    • Bitcoin & Crypto Margin Trading
    • DeFi & NFT News
    • Bitcoin Price Analysis
    • CryptoPotato Crypto Fund
    • Ethereum (ETH) Price Analysis
    • Ripple (XRP) Price Analysis
    • Market Updates
    • Interviews
    • Buy Bitcoin with Card
    Home » Crypto News » ConsenSys Raises $450 Million While MetaMask Reaches 30 Million MAUs

    ConsenSys Raises $450 Million While MetaMask Reaches 30 Million MAUs

    Author: Andrew Throuvalas

    Last Updated Mar 15, 2022 @ 18:06

    The company’s new funds will be used to hire over 600 employees while rebalancing its treasury with more ETH. 

    ConsenSys – a leading Ethereum software company – just announced another $450 million in Series D funding. This brings the company’s total valuation to over $7 billion.

    • This more than doubles ConsenSys’s valuation since its $200 million Series C raise last November.
    • According to a press release from the company, the funding will be used to hire over 600 new employees around the world, and to help expand the broader Ethereum ecosystem even further.
    • New investors that participated in this round included Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures.
    • Former series C investors also took part, including Third Point, Marshall Wace, TRUE Capital Management, and UTA VC, United Talent Agency’s venture fund.
    • Proceeds from the round will be converted to ETH, as part of the company’s treasury strategy of balancing its ETH and USD holdings. This is reportedly to strengthen ConsenSys’s “ultrasound money” position before Ethereum transitions to proof of stake this year.
    • ConsenSys is the group behind various highly used products that support the Ethereum community and network applications. Among these is Ethereum API Infura, and Ethereum wallet MetaMask.
    • The latter recently touched over 30 million monthly active users, up 42% in four months.
    • Joseph Lubin – CEO and Founder of ConsenSys – said the next funding round will be considered ‘Series ETH’, encouraging investors to contribute directly using ETH.
    SPECIAL OFFER (Sponsored)
    Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

    PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

    You Might Also Like:

    • Consensys_MyCrypto
      ConsenSys Acquires Ethereum Wallet MyCrypto: Will Be Integrated With MetaMask
    • hackers_cover
      Fake MetaMask Governance Token Soars 2600% and Gets Rug-Pulled
    • Crypto_Com_Hack
      4,600 ETH Worth $14.6M Reportedly Stolen From CryptoCom, Money Laundered via TornadoCash
    Tags: MetaMask
    Enjoy reading? Share with your friends
    Facebook Twitter LinkedIn Telegram

    About The Author

    Andrew Throuvalas
    More posts by this author

    Andrew is a content writer with a passion for Bitcoin. He became familiar with Bitcoin back in 2013, but began diligently studying the blockchain technology and its economic implications in 2017. Ever since, he’s believed in the network’s power to replace the current global monetary system, and provide financial freedom to billions worldwide.
    Contact: LinkedIn | Twitter

  • bitcoin
    BTC$21,407.00
  • ethereum
    ETH$1,236.67
  • Join Our Community

    FacebookTwitter YouTubeTelegram


    Editorials
    Over 33% of NFT Volume is Wash Trading: bitsCrunch CEO Interview

    Over 33% of NFT Volume is Wash Trading: bitsCrunch CEO Interview

    What’s Going on With Celsius Network and Why Is It a Huge Risk for Crypto (Opinion)

    What’s Going on With Celsius Network and Why Is It a Huge Risk for Crypto (Opinion)

    Institutions Are Definitely Here: ConsenSys’ Harriet Browning (Interview)

    Institutions Are Definitely Here: ConsenSys’ Harriet Browning (Interview)

    Binance Visa Card Guide: Read Before You Order

    Binance Visa Card Guide: Read Before You Order

    Bitstamp CEO JB Graftieaux: We Are Still Early (Interview)

    Bitstamp CEO JB Graftieaux: We Are Still Early (Interview)

    Okay Bears NFT Collection: The Complete Guide

    Okay Bears NFT Collection: The Complete Guide

    Our Ambition is to Become the Amazon of Crypto: Interview with Coinbase’s Guillaume Chatain

    Our Ambition is to Become the Amazon of Crypto: Interview with Coinbase’s Guillaume Chatain

    Join Our Newsletter
    Become a CryptoPotato VIP
    One Weekly Email Can Change Your Crypto Life.
    Sign-up FREE to receive our extended weekly market update and coin analysis report
    We NEVER send spam. You can unsubscribe at any time.
    Invalid email address
    Thanks for subscribing!
    About
    Advertise on CryptoPotato
    About Us | Contact Us | Careers

    Terms of service | Privacy Policy | GDPR
    More Sections
    IEO List | Evaluations
    Airdrops
    Scholarship
    Cannabis Stocks News | Market Analysis
    Disclaimer
    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
    © Copyright CryptoPotato 2016 - 2021
    Scroll to top
    One Weekly Email Can Change Your Crypto Life.

    Sign-up FREE to receive our extended weekly market update and coin analysis report

    We never send SPAM. You can unsubscribe at any moment
    Invalid email address
    Thanks for subscribing!