Consensys Aims for $3 Billion Valuation in Upcoming Funding Round

[Stanley Pierwszy]

Consensys, the Ethereum-based software boutique, is aiming to get a valuation that could reach $3 billion dollars in its upcoming funding round. The company would be taking advantage of the bullish climate the industry is experiencing right now to achieve this important milestone. Also, Consensys is flexing its economic muscle by acquiring Treum, developer of Music NFT service EulerBeats.

Consensys Aims for Billion+ Valuation in Next Funding Round

Consensys, one of the main software providers in the Ethereum ecosystem, is reportedly aiming to achieve a valuation that could reach $3 billion in its upcoming funding round, according to information published by FT. The company, led by Ethereum OG Joseph Lubin, would be aiming to leverage its position in the ecosystem and the brewing bull market to achieve the breakthrough goal.

Consensys provides several iconic software offerings in the Ethereum ecosystem, having developed Infura, a service that eases development and deployment of Ethereum-based apps. Metamask, a ubiquitous defi wallet that was also developed by the firm, is used by more than 10 million active users monthly.

Source

https://bitcoin-tidings.com/consensys-aims-for-3-billion-valuation-in-upcoming-funding-round