Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion – Finance Bitcoin News

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Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion – Finance Bitcoin News
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'All proceeds from the round will be converted to ethereum to further build Consensys’ UltraSoundMoney position,' the company said.

The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November.The Ethereum software and incubator firmhas revealed it closed a $450 million Series D led by the venture capital firm Parafi Capital.

The financing round also saw participation from Third Point, Marshall Wace, True Capital Management, Temasek, Softbank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, UTA VC and C Ventures. Interestingly, the company says that the $450 million will be converted to ethereum (

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