AAA Consensys Ventures cops to six more deals

Consensys Ventures cops to six more deals

Consensys Ventures, the strategic investment arm of US-based blockchain software provider Consensys, has invested in another six portfolio companies, TechCrunch has reported.

The unit was launched in September 2017 with $50m of capital, and targets pre-seed and seed-stage deals for projects that utilise Ethereum blockchain technology.

Consensys Ventures revealed its first four investments – in BlockFi, Pryze, Unikrn and an undisclosed security technology developer – in December, and announced the latest deals alongside the launch of an accelerator initiative called Tachyon.

The six US-based recipients of funding are cryptocurrency exchange Virtuoso, mobile wallet creator Vault, reputation and payment protocol developer Ink, art-based social network Dada, Ethereum exchange CryptoMKT and Rocket Pool, the developer of a proof-of-stake pool for Ethereum.

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