Crypto Insider

Crypto Insider: Microsoft Invests in Ethereum

Crypto Insider: Microsoft Invests in Ethereum

Microsoft is officially paying attention to the crypto space. The tech giant backed a recent $450 million funding round for ConsenSys, a blockchain startup founded by Ethereum co-founder Joseph Lubin. ConsenSys develops software that runs on the Ethereum network. And its valuation jumped to $7 billion with this latest funding round.

Many investors see ConsenSys as one of the companies that will power Web3 — the next generation of the internet. So what is Microsoft’s strategy here? And what does this mean for Ethereum?

In this episode of Crypto Insider, Vin Narayanan and Allison Brickell explore these questions and more — including the implications of Microsoft and other big tech companies investing in the crypto industry.

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