Consensys is a private blockchain software technology company founded by Joseph Lubin and based in Fort Worth.
Consensys is a private blockchain software technology company founded by Joseph Lubin and based in Fort Worth.
== History == Joseph Lubin founded ConsenSys AG in early 2015 as a software foundry to develop decentralized software services and applications that operate on the Ethereum blockchain. On October 31, 2018, ConsenSys acquired Planetary Resources, an asteroid mining company. In December 2018, ConsenSys announced a restructuring with projected layoffs of thirteen percent of its 1,200 staff, and in February 2020 announced the layoffs of a further 14% of staff. In 2020, ConsenSys AG spun out several of its infrastructure projects into a separate company, Consensys Software Inc. (now commonly simply referred to as "Consensys"). ConsenSys AG rebranded as Consensys Mesh the same year. In August 2020, Consensys acquired banking blockchain platform Quorum from JPMorgan Chase & Co. Financial terms of the deal were not disclosed. In November 2021, Consensys raised $200 million at $3.2 billion valuation from Animoca Brands, Coinbase Ventures and HSBC among others. In March 2022, Consensys raised $450 million in a new round led by ParaFi Capital, with Microsoft, SoftBank, and Temasek also joining as new investors in the company. In June 2023, Consensys launched a brand refresh where they introduced a new company narrative, logo, and an updating of the name to remove the camelcase from ConsenSys to Consensys.
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