ConsenSys, a company specializing in the development of the Ethereum ecosystem, is attracting financing at an estimate of $3 billion, the Financial Times writes, citing sources.
In April, ConsenSys announced the closure of a $65 million "formative round" with the participation of JPMorgan, Mastercard, UBS and other investors. The companies declined to comment on the information about the current stage of investment collection.
The founder of ConsenSys and co-founder of Ethereum, Joseph Lubin, in the past financed the studio mainly with his own money received from the sale of ether. Among other things, the ConsenSys line of projects includes the popular MetaMask extension for interacting with the Ethereum blockchain. Since October 2020, MetaMask has conducted transactions worth more than $8.9 billion through the built-in exchange service. MetaMask charges a 0.875% commission on each transaction, which translates into $78 million in revenue for the same period.
According to ConsenSys' expectations, MetaMask's annual revenue may grow to $1 billion over the next year, sources say. Last month, the company reported exceeding the 10 million mark in the number of users accessing MetaMask monthly.