Invest in ConsenSys

Consensys' inception was closely linked to the origin of the Ethereum blockchain. Founder and CEO Joseph Lubin, recognizing the profound transformative capabilities of blockchain technology at an early stage, co-founded Ethereum alongside Vitalik Buterin. Excited by the boundless opportunities presented by Ethereum, Lubin founded Consensys with the vision of nurturing the expansion of the Ethereum ecosystem and facilitating its adoption across diverse industries.

Consensys’ offerings include blockchain development tools, decentralized finance (DeFi) solutions, enterprise blockchain solutions, digital asset management platforms, educational resources, and consulting services.

MetaMask is a widely used browser extension and mobile app serving as both a cryptocurrency wallet and a gateway to decentralized applications. MetaMask empowers users to securely store and oversee their digital assets, engage with dapps, and authorize transactions.

MetaMask's significant innovation was in transitioning the crypto wallet from complex native software applications to an easily accessible browser extension. As the concept of “crypto” expanded into a sprawling network of web applications powered by web3 JavaScript, MetaMask was strategically positioned to provide users with a browser-native gateway to unlock the myriad emerging use cases, including NFTs, tokens, initial coin offerings (ICOs), and decentralized applications.

MetaMask's primary revenue stream, swaps, empowers users to seamlessly exchange cryptocurrencies without the need to transfer their crypto to an exchange, endure waiting periods, and subsequently sell it in exchange for another cryptocurrency.

MetaMask Institutional is an institution-compliant version of the world’s leading web3 wallet, MetaMask. Organizations trust MetaMask Institutional to manage their web3 access and engagement with institution-required security and operational efficiency.

Infura comprises a suite of APIs utilized by developers to easily take their blockchain application from testing to scaled deployment - with simple, reliable access to Ethereum and IPFS (The Interplanetary File System). By leveraging Infura, developers can access the Ethereum blockchain and build dapps without the complexity and maintenance requirements of running a full node.

Consensys Diligence serves as a security-centric service specializing in smart contract audits and security assessments. It aids organizations in pinpointing vulnerabilities and fortifying the resilience of their smart contracts and decentralized applications (dapps).

Linea is an Ethereum equivalent zkEVM (zero-knowledge Ethereum Virtual Machine) rollup network developed by Consensys. As an Ethereum Layer 2 solution, it enhances scalability, reduces transaction costs, and enables a seamless user experience. Linea is significant as it integrates over 100 protocols, developer tools, and dapps, thereby ushering in a new era of scalable applications in the Ethereum ecosystem.

Consensys operates on a multifaceted business model encompassing software products and platforms, consulting services, venture investments, educational resources, and blockchain infrastructure.

Consensys develops and offers a range of software solutions tailored to various sectors of the blockchain industry, while also providing consulting services to guide organizations in implementing blockchain technology effectively.

Additionally, Consensys operates as a venture studio, incubating and investing in promising blockchain startups and projects.

According to Sacra Research, a bulk of Consensys's revenue currently comes from MetaMask's swap fees—the 0.875% users pay in order to exchange their tokens for others using their MetaMask wallet. Those fees grew 2,300% over the course of 2021, from $1.8 million over the course of January 2021 to $44 million over December 2021. As of March 2022, MetaMask was generating approximately $21 million per month, down more than half from its peak in December 2021, and $252 million on an annual basis.

Infura primarily generates revenue through a usage-based pricing model for its infrastructure services. While many of its services are offered for free up to a certain usage threshold, users are charged fees based on their usage beyond these limits.

According to Sacra Research, Infura’s API earns between $40 and $50 per month for every 200,000 requests depending on the customer’s pricing tier.

In October 2023, Consensys announced the acquisition of Special Mechanisms Group (SMG), a mechanism design company known for its research focused on blockchain microstructure. The group, which will become a division of Consensys and continue to operate as SMG, has attracted attention for its fresh perspective on issues surrounding maximal extractable value (MEV), censorship resistance, and the centralizing effects of proposer-builder separation. Consensys and SMG want to bring the once-niche discipline of mechanism design into the blockchain era and use it to drive Consensys’ vision to build better systems for a decentralized future.

In November 2023, Infura announced a partnership with 17 other pioneering internet infrastructure companies including Microsoft, Tencent Cloud, and Chainstack to create Infura’s Decentralized Infrastructure Network (DIN). DIN will be a decentralized RPC-as-a-service offering that aims to make Web3 more accessible, reliable, and efficient.

In February 2024, Consensys and Robinhood Markets launched the integration of Robinhood Connect with MetaMask. Using MetaMask’s Buy Crypto feature, customers can now purchase crypto through Robinhood’s low-cost order engine. The launch is part of MetaMask’s ongoing goal of supporting the adoption of web3 by providing more users with frictionless, secure, and self-custodial onboarding to web3.

In February 2024, Consensys announced the successful upgrade of Linea, the top bytecode-compatible zkEVM (zero-knowledge Ethereum Virtual Machine) ecosystem, resulting in a reduction in gas fees by up to 66% while remaining 100% EVM-compatible. The upgrade not only makes Linea one of the cheapest Layer 2s and delivers significant improvements in efficiency; it comes as Linea also reveals its approach to becoming the world’s most secure Layer 2.

In February 2024, following a successful beta phase, MetaMask and Blockaid, a web3 security provider, announced the by-default integration of privacy-preserving security alerts for all MetaMask extension and mobile app users. This ensures that 100% of global users of the world's leading self-custodial wallet will automatically receive alerts about potentially malicious transactions, thereby enhancing the wallet’s overall security. In 2024 alone, MetaMask estimates that the security alerts will prevent hundreds of millions worth of assets from being stolen.

In March 2024, Revolut, the global fintech with more than 40 million customers worldwide, announced its latest crypto offering in the UK and European Economic Area (EEA), Revolut Ramp, in partnership with the world’s leading self-custodial wallet, MetaMask, doubling down on its commitment to the world of cryptocurrency. Revolut Ramp allows customers to on-ramp within seconds and purchase new tokens directly into their MetaMask wallets.