ConsenSys has cemented itself in the Alps. The blockchain venture production studio recently announced a partnership with the Crypto Valley Association (CVA), where it will be joining the group as a strategic partner.
The CVA, an independent, government-supported association, is a major player in growing blockchain businesses in Switzerland, with connections all around the world and a mission to shape an open, free, and prosperous economy spanning multiple sectors.
Of the partnership, Oliver Bussmann, President of the Crypto Valley Association, said: “We are delighted to welcome ConsenSys as a Strategic Partner. With its size and scope, ConsenSys occupies a special place in the blockchain community, both regarding development of public blockchain on Ethereum as well as in the enterprise and government blockchain space. The company has an incredible depth of understanding and expertise not just in the technology, but also in the universe of blockchain use cases as well as the broader implications of decentralization. As a Strategic Partner, we believe ConsenSys will bring great value to our members and to the wider Crypto Valley ecosystem.”
ConsenSys has a global network of over 750 individuals with expertise in all areas of blockchain development. It’s CEO Joseph Lubin is extremely pleased with the partnership and claims the company has had its eye on expanding into the Crypto Valley for some time.
“ConsenSys has always had a special affinity for the Crypto Valley, which has been the home of the Ethereum Foundation since its founding in 2014. We have watched the Crypto Valley ecosystem grow to become one of the most important and respected pillars of the global blockchain community. The CVA has played a key role supporting this growth through its community building activities as well as thought leadership. We look forward to working closely with the CVA on its mission to promote a successful and sustainable blockchain industry in Switzerland as well as support the broader global crypto community.”
This partnership underscores the Enterprise Blockchain Working Group, a new initiative established by the CVA to collect and analyze information and data surround blockchain with an eye on current and potential use cases for the technology. As part of the agreement, ConsenSys also intends on joining the CVA Regulatory and Policy Working Group where it will continue its already established work of promoting growth and consumer protection in the industry.
This is just one of a slew of moves by ConsenSys to more prominence in the European market, as Ken Timsit, Managing Director at ConsenSys, noted. “Over the last 12 months, ConsenSys has been very active in Europe, where we now have four offices and subsidiaries, and over two dozen ongoing projects in eight countries.”
Dan is a freelance cryptocurrency and blockchain content writer. He has written content for startups, ICOs, financial planners, venture capital firms, and more. Previously he founded an e-commerce company that grew to $1 million in revenue and profitability in less than 3 years. Dan has a degree in Economics and Finance from Bentley University.