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Institutional DeFi Infrastructure for Consensys

In 2020, Consensys needed developers for their newly launched Codefi blockchain application suite. Boosty Labs joined their team to build three out of nine core components: Codefi Orchestrate for enterprise deployment, Codefi Activate for network launches, and Codefi Workflow for business automation.

The Challenge

Codefi’s core vision is to combine traditional and decentralized financial technologies to create more accessible financial services globally, serving financial institutions, large corporations, crypto-enterprises, and individuals worldwide. To achieve this, they required a development partner who could:

  • Develop enterprise-grade infrastructure that would enable easy scaling
  • Create tools that make blockchain accessible without deep technical expertise
  • Build secure staking and financial tooling for institutional clients

Our Solution

Beginning in 2020, the Boosty Labs team integrated with Consensys’ Codefi division to develop three key infrastructure components. They helped us cover all Consensys’ business needs and address the aforementioned challenges.

  • Codefi Orchestrate:

    Enterprise-focused tools that simplify blockchain deployment and management for companies with limited blockchain experience.

  • Codefi Activate:

    Sophisticated tools for institutional cryptocurrency staking and asset management that enable traditional financial institutions to participate in decentralized finance confidently.

  • Codefi Workflow:

    Blockchain-powered business process automation, with particular focus on decentralized identifiers (DIDs) and verifiable credentials.

Impact and Results

  • Codefi Orchestrate infrastructure accelerated Consensys’ work with major institutions like Standard Chartered Bank and Societe Generale.

  • Critical infrastructure support during the MetaMask outage prevented significant revenue losses

  • Enterprise-grade blockchain infrastructure established Consensys as a leader in institutional DeFi

  • $5M raised

    Codefi Activate successfully facilitated SKALE’s token sale, raising $5M, deployed the ETH2 deposit launchpad, and launched Filecoin Storage

  • Covantis used Codefi Workflow to streamline global trade documentation. In three months, it connected 45 entities and 500 users across 16 agri-groups, processed 343 voyages and 35 million tons of cargo with 99.6% availability.

In December 2021, when MetaMask experienced a critical service disruption, our team also provided essential support to minimize downtime. By quickly identifying and resolving the issue, we helped limit the outage to just four hours, saving Consensys hundreds of thousands of dollars in lost revenue.

What sets us apart?

  • 9

    Years of experiencernin the blockchain space

  • 300+

    Successful projects completed

  • 250+

    Clients worldwide

  • 150+

    Skilled engineersu2028on the team

Build with Us

Are you looking to launch a secure, high-performance Web3 platform? Consensys’ success showcases our ability to build global projects that work with enterprise customers.

Since 2017, Boosty Labs has been the trusted partner for over 100 companies, delivering expert software development in Web3, Blockchain, Fintech, AI, and Cloud. And Akave’s success demonstrates our ability to deliver enterprise-grade solutions faster than market norms for the most efficient results.

Whether you’re expanding into NFTs, launching a new blockchain product, or upgrading your existing infrastructure, we bring the technical expertise and market understanding to make it happen.

Our team specializes in:

  • Distributed systems architecture

  • Cross-platform mobile development

  • Enterprise transition strategies

  • Blockchain

Let’s discuss how we can transform your Web3 vision into reality

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