EY, Microsoft, and ConsenSys believe that given strong security and the right tools, businesses will embrace public blockchains as they look for ways to work together.
Banking giant JPMorgan is said to be in talks with ConsenSys to merge the Ethereum venture studio with its in-house blockchain unit Quorum, according to a report in Reuters.
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.
Libra Association founding member Bison Trails has raised $25.5 million to expand its business of providing the digital infrastructure on which blockchains rely.