Media: ConsenSys intends to raise $ 200 million, having earned only $ 21 million in 2018. ConsenSys, a blockchain company focused on improving the Ethereum ecosystem, intends to attract additional funding. According to The Information, the firm plans to raise $ 200 million through outside investors at a market valuation of $ 1 billion.

Media: ConsenSys intends to raise $ 200 million, earning only $ 21 million in 2018

ConsenSys, a blockchain company focused on improving the Ethereum ecosystem, intends to raise additional funding. According to The Information, the firm plans to raise $ 200 million with the help of outside investors at a market valuation of $ 1 billion..

The Information reports that ConsenSys is distributing materials to Chinese investors claiming it expects to generate $ 50 million in revenue this year, primarily through contracts with corporate and government clients..

Earlier, ConsenSys founder Joseph Lubin sponsored the company from his own funds. In 2018, the number of its employees reached 1,200.13% of them were laid off amid falling prices for Ethereum. At the end of the year, Lubin announced the launch of "ConsenSys 2.0" and a change of focus on external investors from the world of traditional finance.

According to The Information, last year ConsenSys made "only $ 21 million." What items of income were the main ones in the structure of ConsenSys, which includes many different startups, the portal does not specify.

At the beginning of the year, it became known that ConsenSys and AMD will develop a cloud computing service on the blockchain.

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