The crypto community is growing all over the world but we truly believe that if we want to accelerate global adoption and this technology to become mainstream, we need to also engage with traditional actors and educate them on how this would revolutionize everything we know, without compromising on the fundamentals of our beliefs such as decentralization and a more inclusive world.
In line with this philosophy, did we raise funds from JP Morgan in 2021? Yes. Do they influence our decision making? Absolutely not. Also, JP Morgan did not participate in our Series D round. Moreover, their shares have been diluted and they own less than 10% of ConsenSys. So any of our competitors claiming that JP Morgan “owns us” is absolutely wrong and we invite them to do fact checking before confusing the communities with inaccurate information.
Just look at our latest fundraising round: it includes ParaFi Capital, Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, C Ventures, Series C investors, Third Point, Marshall Wace, True Capital Management, UTA VC, and United Talent Agency’s venture fund.
ConsenSys employees are also the key drivers of our growth. Any employee at ConsenSys receives equity and is part of this project.