Blockchain technology firm ConsenSys said on Tuesday its valuation had more than doubled to over $7 billion after its latest funding round that included investments from SoftBank Vision Fund 2 and Microsoft.
"Web3" is used to describe a potential next phase of the internet: a decentralized web run on the record-keeping technology blockchain. Investors in the new round led by ParaFi Capital also included Singapore's Temasek, Anthos Capital, Sound Ventures and C Ventures.
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