JPMorgan plans to lead ConsenSys’ $50m convertible note raise

Quick Take

  • JPMorgan is set to lead a fundraise for Ethereum infrastructure firm ConsenSys, according to two people briefed on the deal.
  • The bank is said to be making a strategic $20 million investment.
  • The firm is raising convertible debt while in parallel, a deal is in the works in which ConsenSys will take on JPMorgan’s Quorum assets.
The Block has learned that JPMorgan is on the cusp of investing $20 million in the Brooklyn-based, Ethereum-focused company.

Subscribe to The Block News+ to
Unlock this Feature

Choose Your Plan

Save $ vs. paying monthly


per year
Join Now


per month
Join Now


If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.

Trending Stories