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#ConsenSys will convert funds to #ETH


ConsenSys has announced the completion of a $450 million Series D funding round at a $7 billion valuation. The founder of ConsenSys, Joe Lubin reiterated the firm’s commitment to building on and supporting the #Ethereum #blockchain. He stated that the funds would be converted to ETH in line with ConsenSys’ treasury strategy.
🌐Do you know, how #MetaMask is used to interact with the #Ethereum blockchain?

🔸Since its launch, users are swapping between $11 mn to $15 mn worth of ETH tokens on its wallet each day.

🔸In just 1 year, MetaMask has increased in MAUs by 189%, from 10.35 mn in Aug 2021 to 30 mn in Aug 2022.

🔸Metamask is a subsidiary of #ConsenSys, an Ethereum software company, and was founded by Aaron Davis & Daniel Finlay in 2016.

🔸Some of its offerings include a wallet, Snaps systems, Custody solutions, Defi, and Web 3 dashboards.

🔸In 2021, Metamask integrated with BitGo, Qredo, and Cactus Custody to bring Defi to the US, EMEA, and APAC regions.

🔸With the #partnerships including Hex Trust, Parfin, Gnosis Safe, and GK8, the wallet is streamlining the DAO experience and even looking to engage in Defi activities.

🔗Read More: https://www.linkedin.com/feed/update/urn:li:activity:6971782780166844416