Consensys, the blockchain software firm behind the MetaMask wallet, is planning a public offering and has selected JPMorgan Chase and Goldman Sachs as lead underwriters for this IPO, as reported by Axios on Wednesday. This listing would represent one of the most notable public entries by a company contributing to the Ethereum ecosystem , the second-largest blockchain globally.
When approached for comment, a company spokesperson informed CoinDesk that there is “nothing to announce at this time,” but mentioned ongoing evaluations for growth opportunities. “The firm is persistently seeking avenues to amplify its influence,” the spokesperson elaborated.
Founded by Ethereum co-founder Joseph Lubin, Consensys creates tools that enable users and developers to engage with Ethereum applications. Its most recognized product, MetaMask, acts as a digital wallet utilized by millions for storing cryptocurrency, managing tokens, and connecting to decentralized applications from a browser.
Additionally, Consensys supports SharpLink, an Ethereum treasury management firm that recently revealed intentions to invest $200 million of its assets into on-chain yield strategies. These resources will be allocated on Linea, a Layer 2 network fostered by Consensys designed to enhance the speed and affordability of Ethereum transactions.
Should Consensys proceed with its public offering, it would join a roster of several crypto-centric companies that have debuted on U.S. exchanges this year following years of cautious investor sentiment and regulatory ambiguity, including stablecoin issuer Circle (CRCL), cryptocurrency exchange Gemini (GEMI), and crypto platform Bullish (BLSH).
UPDATE (Oct 29, 9:42 UTC): Includes statement from Consensys.
