consensys | Coinpedia Company Listing

ConsenSys is a blockchain technology company that enables developer tools and enterprise solutions. The platform enables developers, enterprises, and people worldwide to build next-generation applications, launch modern financial infrastructure, and access the decentralized web. As Ethereum is the largest programmable blockchain globally, which is leading in business adoption, developer community, and DeFi activity. With a belief in this open source, trusted foundation, the company is creating the digital economy of tomorrow. ConsenSys was founded by Joseph Lubin, a Canadian-American entrepreneur, in the year 2014. 


Since its establishment, ConsenSys has grown to become one of the leading Ethereum software companies worldwide. The company operates with governments, central banks, and major tech companies to build enterprise-scale blockchain solutions for huge real-world applications. Furthermore, the platform helped to create several key elements of the Ethereum network's infrastructure and has been ever involved in its continued development.  For transferring and storing cryptocurrencies and tokens, it developed an application named MetaMask, which is an Ethereum wallet app.

The company raised $200 million at a $3.2 billion valuation from Animoca Brands. It has been involved in many different projects and services for blockchain use and applications. It acquired Planetary Resources, an asteroid mining organization that later announced a restructuring with projected redundancies of thirteen percent of its 1,200 staff and a further fourteen percent of staff. UBS, MasterCard, Quotidian Ventures, MakerDAO, Fenbushi Capital, Liberty City Ventures, JP Morgan, Protocol Labs, Fabrica Ventures, Khalili Brother, Anthos Capital, and 45 others are the investors of the firm.