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ConsenSys raises $65M from JP Morgan, Mastercard, UBS to build infrastructure for DeFi – TechCrunch

ConsenSys raises $65M from JP Morgan, Mastercard, UBS to build infrastructure for DeFi ConsenSys, a key player in crypto and a major proponent of the Ethereum blockchain, has raised a $65 million funding round from J.P. Morgan, Mastercard and UBS AG, as well as major blockchain companies Protocol Labs, the Maker Foundation, Fenbushi, The LAO and Alameda Research. Additional investors include CMT Digital and the Greater Bay Area Homeland Development Fund. As well as fiat, several funds invested with Ethereum-based stablecoins, DAI and USDC, as consideration. Sources told TechCrunch that this is an unpriced round because of the valuation risk, and the funding instrument is “full”, so the round is being closed now.

Blockchain firm ConsenSys raises $65 million from J P Morgan, others

Blockchain technology firm ConsenSys said on Tuesday it had raised $65 million from major banks and financial services firms including J.P. Morgan, Mastercard Inc and UBS Group AG to fund its growth and global expansion.

Mastercard, UBS, and J P Morgan pour $65 million into Ethereum startup studio Consensys

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