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Consensys

“Can Ethereum infrastructure (wallet + node APIs) become the universal on-ramp that captures the majority of Web3 user activity and stablecoin flows, positioning Consensys as the AWS-equivalent layer for decentralized finance?”

Founded2014
HQFort Worth, TX, United States (originally Brooklyn, NY)
FoundersJoseph Lubin
Total raised$726.7M
Latest roundSeries D, 2022
Valuation$7B+ (2022)
IndustryFintech / Crypto
The story

Founded in 2014 as an Ethereum-focused software studio incubating decentralized applications, Consensys evolved into the dominant Web3 infrastructure company through MetaMask (wallet) and Infura (node/API). The 2020 launch of Codefi signaled an ambition to serve institutional finance with blockchain-native digitization of loans, equities, and payments. By 2022, Consensys had narrowed to its highest-leverage products—MetaMask and Infura—while its embedded-finance angle increasingly centers on enabling stablecoin/DeFi access via wallet infrastructure rather than traditional fintech rails.

Last 12 months
2026-05
2025-12
Product timeline
2014
Joseph Lubin founded Consensys as an Ethereum-focused blockchain software studio.· pivot
2016
Launched MetaMask, a browser-based Ethereum wallet that became the dominant Web3 onboarding tool.· banking
2019
Launched Infura, a scalable Ethereum API and node infrastructure service used by developers worldwide.· pivot
2020
Unveiled Consensys Codefi, a blockchain operating system for digitizing financial instruments, payments, and assets built on Ethereum.· lending
2021
Raised $200M Series C to accelerate MetaMask and developer tooling growth amid DeFi/NFT boom.· pivot
2022
Raised $450M Series D at $7B+ valuation led by ParaFi Capital with Microsoft and SoftBank participating.· pivot
2024
Updated privacy notice disclosing MetaMask transaction data handling practices, sparking industry discussion about Web3 wallet privacy.· pivot
2026
Submitted comment letter to FDIC on GENIUS Act stablecoin issuance rules, signaling regulatory engagement around stablecoin infrastructure.· banking
The stack
1 layer disclosed in Consensys’s embedded-finance stack
Lending
Codefi (blockchain-native loan digitization, institutional)
Accounting gap: none

Consensys — frequently asked

Who founded Consensys?

Consensys was founded by Joseph Lubin and is founded in 2014, headquartered in Fort Worth, TX, United States (originally Brooklyn, NY).

How much funding has Consensys raised?

Consensys has raised $726.7M in total (latest round: Series D, 2022; valuation: $7B+ (2022)).

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