{"id":81823,"date":"2023-07-17T19:45:40","date_gmt":"2023-07-17T16:45:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81823"},"modified":"2025-09-12T01:22:14","modified_gmt":"2025-09-11T22:22:14","slug":"consensys-denies-reports-it-is-seeking-funding","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/consensys-denies-reports-it-is-seeking-funding\/","title":{"rendered":"ConsenSys denies reports it is seeking funding."},"content":{"rendered":"<p>The company behind the cryptocurrency wallet <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-metamask\">MetaMask<\/a> \u2014 ConsenSys \u2014 said it has sufficient funds to continue operating amid rumours of talks over a potential capital infusion. <a href=\\\"https:\/\/www.theblock.co\/post\/239603\/ethereum-consensys-investor-talks\\\">The Block<\/a> reports.<\/p>\n<p>Four informed sources told The Block in discussions that in recent weeks the company had met with several investors regarding fundraising.<\/p>\n<p>In March 2022, ConsenSys announced a Series D funding round. The wallet developer <a href=\"https:\/\/u1f987.com\/en\/news\/consensys-raises-450-million-at-a-7-billion-valuation\">raised $450 million<\/a> at a $7 billion valuation. The funds were provided by ParaFi Capital, Temasek, SoftBank Vision Fund 2, Microsoft and others.<\/p>\n<p>A ConsenSys spokesman told reporters that the firm does not need additional money, but it sometimes considers \\&#8221;incoming investor interest\\&#8221;.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cConsenSys has a high market capitalization and has been delivering strong results across all areas since the start of the year. Therefore our existing shareholders are not prepared to agree to any dilution on terms below those of the Series D,\u201d the interlocutor said.<\/p>\n<\/blockquote>\n<p>In November 2021, <a href=\"https:\/\/u1f987.com\/en\/news\/consensys-raises-200-million-at-a-3-2-billion-valuation\">ConsenSys closed an investment round at $200 million<\/a>. The company was valued at $3.2 billion at the time.<\/p>\n<p>Earlier in 2023, the company <a href=\"https:\/\/u1f987.com\/en\/news\/consensys-trims-11-of-its-workforce\">confirmed<\/a> a reduction of about 11% of its staff, affecting 96 employees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company behind the cryptocurrency wallet {{AOPEN_1}}MetaMask{{ACLOSE_1}} \u2014 ConsenSys \u2014 said it has sufficient funds to continue operating amid rumours of talks over a potential capital infusion.<\/p>\n","protected":false},"author":1,"featured_media":81824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[83,246],"class_list":["post-81823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-business","tag-consensys"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=81823"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81823\/revisions"}],"predecessor-version":[{"id":81825,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81823\/revisions\/81825"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/81824"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=81823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=81823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=81823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}