The blockchain technology developer received backing from SoftBank Vision Fund 2, Microsoft and UTA VC in a round more than doubling its valuation to $7bn.

US-based blockchain technology provider ConsenSys secured $450m in series D funding yesterday from investors including internet and telecommunications group SoftBank’s Vision Fund 2, software provider Microsoft and talent agency United Talent Agency (UTA).

ParaFi Capital led the round and was also joined by Anthos Capital, Sound Ventures, Temasek, C Ventures, Marshall Wace, Third Point and True Capital Management while UTA took part through corporate venturing subsidiary UTA VC. It valued the company at $7bn.

Founded in 2014, ConsenSys provides developers…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.