ConsenSys Raises $65M from JPMorgan, Mastercard and UBS
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ConsenSys, a blockchain-focused company, has announced it raised $65 million from JPMorgan, Mastercard, and UBS. According to a press release, the company also raised finds from Protocol Labs, the Maker Foundation, Fenbushi, The LAO, and Alameda Research.

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With the investments, ConsenSys will continue its commercialization of industry leading platforms as distribution channels for decentralized finance (DeFi) protocols. ConsenSys Co-Founder, Joseph Lubin, says the company's software stack represents access to a "new automated objective trust foundation enabled by decentralized protocols like Ethereum."

"When we set out to raise a round, it was important to us to patiently construct a diverse cap table, consistent with our belief that similar to how the web developed, the whole economy would join the revolutionaries on a next generation protocol," Lubin added.

ConsenSys Acquires Blockchain Developer Truffle

In August last year, ConsenSys acquired Quorum, a blockchain network based on the Ethereum blockchain and developed by JPMorgan. With the acquisition, ConsenSys offers a full range of products, services, and support for Quorum, accelerating the availability of features and capabilities.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

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