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. The fundraise looks like a highly strategic one, based around the idea that traditional institutions will need visibility into the increasingly influential world of ‘decentralized finance’ (DeFi) and the Web3 applications being developed on the Ethereum blockchain.
J P Morgan Chase & Co (JPM), Mastercard (MA), UBS Ag (UBS) - Why JPMorgan, UBS, Mastercard Invested $65M In Ethereum Infrastructure Company ConsenSys
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Fintech Focus For April 14, 2021
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Carlyle leads $123m round in Shanghai-based biopharma firm Abbisko Premium
Abbisko Therapeutics, a Shanghai-based biopharmaceutical firm, announced on Friday the completion of a Series D funding round at $123 million to advance the startup’s clinical programmes and to expand its portfolio in the discovery and preclinical development stages.
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