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ConsenSys Invests $6.5M in Fintech Firm DrumG Technologies

Published 10/02/2018, 08:21 AM
Updated 10/02/2018, 09:40 AM
 ConsenSys Invests $6.5M in Fintech Firm DrumG Technologies

Fintech startup DrumG Technologies announced on Monday that it had secured $6.5 million in a Series A minority investment round from ConsenSys, a New York-based blockchain software developer. According to the deal, ConsenSys founder and CEO Joseph Lubin will join the startup’s Board of Directors. DrumG Technologies was established by a former executive and a team from blockchain firm R3.

DrumG Technologies started as a global firm, employing 20 people in its offices in New York, London, Bermuda, and Singapore. The team members have relevant experience in the financial markets, previously...


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