On Tuesday, ConsenSys, software company for and leading decentralized protocol with product suites like , Infura and Truffle, already notification closed a $450 million Series D funding round led by ParaFi Capital.

ConsenSys raises $450M

Notable new investors include Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures. The round has doubled the company's valuation since it raised $200 million in a Series C round last November.

Part of the capital from this round will be converted to Ether to rebalance the rate against US$ equivalents in ConsenSys coffers. The Company actively seeks to use its own financial infrastructure to profit from such assets in , protocol and via staking. The proceeds will also support the expansion , with a major redesign scheduled for release in late 2022 and the implementation of a plug-in extensibility system that will allow integration with a wide range of protocols. and account security plan.

Back in January, MetaMask surpassed 30 million monthly active users, increasing 42% in four months. With the wallet, users can mint and collect tokens , join decentralized autonomous organizations and participate in protocols . Meanwhile, more than 430,000 developers are using the development platform Infura. API Its now supports more than 1 trillion USD in trading volume on-chain annually.

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Joseph Lubin, Founder and CEO of ConsenSys, commented:

“I think ConsenSys is like a far-reaching powerhouse for the decentralized protocol ecosystem that can quickly scale on top of the underlying new structures that emerge. […] This view has resonated with investors in Series D will enable us to execute aggressive growth strategies.”

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