Skip to content

Third Point, Marshall Wace Back Crypto Firm ConsenSys Web3 Push

  • Ethereum founder Lubin’s firm to give Third Point a board seat
  • $200 million raised to be used for MetaMask and to hire
The MetaMask cryptocurrency wallet
The MetaMask cryptocurrency walletPhotographer: Gabby Jones/Bloomberg
From

Blockchain-technology company ConsenSys Inc. said new investors Marshall Wace, Dan Loeb’s Third Point and Think Investments contributed to a $200 million funding round meant to help it with Web3 development.

New partners in the funding include DeFiance Capital, Animoca Brands, Coinbase Ventures and HSBC, according to a statement Wednesday. The private New York-based firm said it is now valued at $3.2 billion. Third Point will also be taking a seat on the board, according to ConsenSys founder and Chief Executive Officer Joe Lubin.