ConsenSys has created a new firm, Mesh, that will bring disparate teams, products, and investments across the Ethereum ecosystem ahead of the Web 3.0 and DeFi era. The event was announced by the head of a blockchain startup and co-founder of the second largest cryptocurrency by capitalization Joseph Lubin.

Mesh is part of a broader organization plan to decouple venture from software development.

Under this brand, ConsenSys will unite the management of more than a hundred startups, including BlockFi, Trustology and Compound Labs.