
This article comes fromThe Block, original author: Tom Matsuda
Odaily Translator | Nian Yin Si Tang
Summary:
This article comes from
, original author: Tom Matsuda
Odaily Translator | Nian Yin Si Tang
Summary:to report- ConsenSys, which develops and invests in the Ethereum blockchain, completed $200 million in financing, with investors including HSBC, Coinbase Ventures and Marshall Wace, among others.
ConsenSys, a New York-based company that develops and invests in Ethereum-based blockchain projects, has raised $200 million at a post-money valuation of more than $3.2 billion, according to an announcement. Investors in this round of financing include HSBC, Coinbase Ventures, Marshall Wace, Animoca Brands, Dragonfly Capital, IOSG Ventures, American hedge fund Third Point, and ParaFi.AnnounceLast month, the Financial Times
to reportThe company is in the process of raising a round of financing, and its valuation is expected to exceed $3 billion, the company said.In April this year, ConsenSys
Completed $65 million in financing from JP Morgan, Mastercard, UBS, Protocol Labs, Maker Foundation, Fenbushi Capital, The LAO, Alameda Research, CMT Digital, NGC Ventures, Greater Bay Area Common Home Development Fund, Quotidian Ventures, and Liberty City Ventures participated. In this investment, in addition to fiat currencies, several investment funds also consider Ethereum-based stablecoins as investment methods, such as DAI and USDC. According to TechCrunch, this round of financing began around the time ConsenSys acquired Quorum last June.
ConsenSys is known for its large number of blockchain products, and its projects include MetaMask, Infura, Truffle, Quorum, Codefi, Diligence, etc. Among them, the development tool Infura and the wallet browser extension MetaMask have both achieved rapid growth in the past year:
; Metamask has a monthly user base of 21 million.hint"ConsenSys has always been at the heart of Web3, and we've been building products for (users) from day one," said Lex Sokolin, ConsenSys global fintech co-head and chief economist. Just be more focused on this. It’s an ecosystem that we’ve seeded and built in a big way. Now we’re helping people scale it.”
secondary title
Late-stage funding plans in the pipeline
ConsenSys CEO and co-founder Joseph Lubin also revealed the company's later-stage funding plans. Recently, he tweeted
hint
The possibility of MetaMask issuing native tokens has sparked heated discussions.
On November 9th, some Twitter netizens speculated that MetaMask was about to issue coins, and CoinDesk reporter Andrew T responded: "No, JPMorgan Chase owns at least 10% of the shares of MetaMask holding entities, I bet they don't want the tokens to appear in the assets and liabilities On the table." In this regard, Joseph Lubin said: "There are many tokens on ConsenSys' balance sheet. ConsenSys is under the strong control of employees including me. We are promoting the decentralization of several projects under our umbrella. 'MASK' token? Please continue to pay attention. Your statement is not objective." This remark seems to imply that MetaMask may consider issuing tokens in the future.
Sokolin did not confirm or deny the plan. However, he added that he is thrilled that the community has shown such enthusiasm for the tokens in the ConsenSys product line.The company plans to use the $200 million to strengthen its operations in Asia, according to a statement released Wednesday. Amit Rajpal, a Marshall Wace partner who oversees the hedge fund's operations in Asia, led the fund's investment in ConsenSys.Meanwhile, ConsenSys is supporting ten CBDC projects globally, six of which are in the Asia-Pacific region, including Hong Kong, South Korea and Singapore.“When a company like Marshall Wace talks about expanding in Asia, I think the signal might be deeper engagement with (Asian) regulators, institutional partners, institutional asset managers and financial institutions to provide ConsenSys with access to retail and institutional users. channels,” Sokolin said.。
Prior to this, ConsenSys had made layoffs. In February 2020, the companyto report20% of employees were fired
, to increase its attractiveness to external investors. Previous restructuring efforts
Happened in 2018