Archive: consensys


Crypto Insider: Microsoft Invests in Ethereum

By Early Investing on March 21, 2022

Microsoft is officially paying attention to the crypto space. The tech giant backed a recent $450 million funding round for ConsenSys, a blockchain startup founded by Ethereum co-founder Joseph Lubin. ConsenSys develops software that runs on the Ethereum network. And its valuation jumped to $7 billion with this latest funding round. Many investors see ConsenSys as one of the companies that will power Web3 — the next generation of the internet. So what is Microsoft’s strategy…