February 4, 2020 ConsenSys divides software and investment businesses, and reduces staff by 14%.

ConsenSys, an Ethereum venture studio, announced that it will separate its software development and investment businesses, following a ‘conclusive evaluation’ of the company’s projects. No information for how many individuals would be affected by the the announced 14% staff cuts was given. The changes were characterized as helping the company prioritize the development of the Ethereum ecosystem’s leading infrastructure platforms.