• Joseph Lubin ConsenSys dividing in two
    Ethereum

    ConsenSys splits in two, cuts 14% of staff

    The once-sprawling Brooklyn-based Ethereum incubator is turning itself into a software company and an investment firm

    The Ethereum-focused startup incubator founded by Joseph Lubin is undergoing another contraction. According to an announcement Tuesday, the Brooklyn, NY-based company will divide itself into two parts, with a core software business retaining the ConsenSys name while a venture arm operates as ConsenSys Investments.