ConsenSys raises $65M from JP Morgan, Mastercard, UBS to build infrastructure for DeFi

Consensys raised a $65 million funding round from large financial institutions, big blockchain firms, and other additional investors.

According to Techcrunch, the said fundraising is highly strategic to enter the world of “decentralized finance” (DeFi) and Web3 applications that are being developed on the Ethereum blockchain.

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