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Will ConsenSys be able to beef up the Ethereum blockchain?

One of the biggest winners to come from this news is Ethereum itself. ConsenSys is the largest supporter of the Ethereum blockchain. So, any funding for ConsenSys means it will likely go into beefing up the Ethereum blockchain. As such, Ethereum’s ETH token has seen an 8% gain today. The crypto is currently changing hands at about $2,300 per coin.

What does ConsenSys do?

ConsenSys is a market-leading blockchain technology company. From developer tools to enterprise solutions, ConsenSys is building Ethereum blockchain infrastructure and applications for new economic systems that are more open, efficient, and secure. ConsenSys is the leading Ethereum software company.

Does ConsenSys work on Ethereum?

The company works on the Ethereum network, and it has made a name for itself in both expediting the infrastructure around Ethereum trading, and in offering more foolproof security measure to the blockchain. Today, ConsenSys is celebrating a new cash injection to the tune of $65 million.

Does ConsenSys have a new $65 million in its wallet?

Ethereum (CCC: ETH-USD) fans are rejoicing today as one of its largest development operations has found a new $65 million in its wallet. Blockchain tech developer ConsenSys is having a good day thanks to some institutional investments, and the result is bolstering the pre-IPO company and its crypto partner.

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