ConsenSys raises $450 million Series D at $7 billion valuation

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ConsenSys raises $450 million Series D at $7 billion valuation
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NEW: ConsenSys raises $450 million Series D at $7 billion valuation by Anu__Dave

New investors in the Series D round include Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures. Participants from the Series C funding round, including Third Point, Marshall Wace, True Capital Management, and United Talent Agency’s venture fund UTA VC, also took part in the new round.

“All proceeds from the round will be converted to ETH to further build ConsenSys’s 'ultra sound money' position as a rebalance to its ETH to fiat ratio in line with ConsenSys’ treasury strategy,” said a company statement.

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