ConsenSys, a blockchain software company that develops and invests in Ethereum-based projects, is in talks about a funding round that would value the Brooklyn, New York-based company at $3 billion, according to three people familiar with the discussions.
- The company is looking to raise $250 million, one of the people said.
- “GoldenTree Asset Management and probably Arca are in the round,” the person said.
- GoldenTree declined to comment. Arca responded after publication of an earlier version of this story to say it was not involved.
- As a developer and supporter of projects built on Ethereum, ConsenSys has pivoted away from consulting and services toward a larger focus on products.
- The Financial Times reported the funding round earlier, citing people who had been briefed about the plans.
- ConsenSys did not immediately respond to CoinDesk’s request for comment on the report.
UPDATE (OCT. 11, 10:02 UTC): Changes sourcing to CoinDesk reporting; adds amount sought in fundraising round, names and responses of two companies involved.
UPDATE (OCT. 12, 13:59 UTC): Adds Arca response, saying it’s not involved.
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