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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Ethereum-Focused Blockchain Startup Raises $450M With Backing From Microsoft: How Does It Plan To Spend It?

Microsoft Joseph Lubin ConsenSys

Ethereum (CRYPTO: ETH) co-founder and ConsenSys CEO Joseph Lubin dished out details on what the blockchain start-up plans to do with the $450 million raised through the company’s latest funding round backed by Microsoft Corporation (NASDAQ: MSFT) among others.

What Happened: In an interview with Bloomberg, Lubin said, “We’ve taken in $450 million in our latest raise and we’ve been working on being a crypto native company.”

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