According to the Financial Times, Ethereum blockchain tools and consultancy firm ConsenSys is in talks to raise funds at a $3 billion valuation, citing un-named sources. In April, it raised $65 million from JP Morgan, Mastercard, UBS and several other blockchain firms.
That’s not a huge surprise as several blockchain companies have recently concluded deals at multibillion valuations, including Bitcoin development house Blockstream, which raised $210 million at a $3.2 billion valuation. Although the business models of the two are vastly different.
ConsenSys has two major divisions, one focusing on high profile cryptocurrency tools such as the MetaMask wallet; Codefi for digital assets, payments and staking; and Infura for infrastructure. It also consults enterprises that run private permissioned blockchains.
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