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    Home»Funds»ConsenSys valuation more than doubles to over $7bn after latest funding
    Funds

    ConsenSys valuation more than doubles to over $7bn after latest funding

    March 22, 2022Updated:March 22, 20221 Min Read
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    Blockchain technology firm ConsenSys said on Tuesday its valuation had more than doubled to over $7bn after its latest funding round that included investments from SoftBank Vision Fund 2 and Microsoft.

    The company, which raised $450m in the latest round, said it would use the funds to expand its MetaMask offering with a redesign, expected to release later this year. MetaMask is a crypto wallet used to buy, sell and swap tokens.

    Earlier this year, “Web3” developer platform Alchemy nearly tripled its valuation to $10.2bn after a funding round led by Lightspeed and Silver Lake.

    Read more: Reuters

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