💰 Ethereum cofounder invests $6.5 million in a former competitor
Ethereum ($ETH) cofounder Joe Lubin has formed an unusual partnership with DrumG, a startup founded by several senior level executives from R3, one of the Ethereum blockchain’s most heavily funded competitors. As part of the $6.5 million cash investment by Lubin’s ConsenSys, the company will take a minority stake in DrumG, and Lubin himself will join as the sole outside member of the board of directors.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.
Mentioned Assets