Consensys Ventures, the $50m venture capital fund formed by blockchain technology provider Consensys to support developers of applications on the Ethereum blockchain platform, has invested in four US-based companies.
The recipients of capital included BlockFi, a provider of capital services for owners of crypto-based financial assets in which the fund took an equity stake.
Pryze, the creator of a decentralised and secure sweepstakes system; Unikrn, the eSports platform and blockchain-based betting service that raised $31m in an initial coin offering in October 2017; and an unnamed security technology startup issued tokens in return for funding.