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
