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HomeCrypto NewsMarketConsensys Prepares for IPO with Backing from JPMorgan and Goldman Sachs

Consensys Prepares for IPO with Backing from JPMorgan and Goldman Sachs

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Consensys, the blockchain firm behind the popular MetaMask wallet, is preparing to go public. 

The company has engaged financial giants JPMorgan and Goldman Sachs to oversee its planned initial public offering (IPO). This move represents a significant milestone for one of the most influential entities within the Ethereum ecosystem.

Notably, the development follows the recent public listings of crypto companies Bullish and Circle. Both firms capitalized on the renewed investor interest in digital assets. Specifically, Circle, known for issuing the USDC stablecoin, saw strong results in its debut.

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The broader shift toward openness in crypto investment has been attributed to President Trump’s pro-crypto stance. Since taking office, his position has prompted increased engagement from traditional institutions in the digital assets sector.

MetaMask Expands with Token and New Trading Features

MetaMask, the flagship product of Consensys, has been rapidly evolving in recent months. In September, Joseph Lubin, Consensys CEO and Ethereum co-founder, confirmed that MetaMask will soon introduce its long-awaited MASK token. The confirmation was met with considerable anticipation within the community.

Following that announcement, MetaMask revealed plans to launch perpetual futures trading and a new rewards program for users. The wallet provider also hinted at an upcoming prediction markets feature through a partnership with Polymarket.

According to MetaMask, these updates align with its goal of “opening new ways for users to engage” across its growing ecosystem.

A Decade of Building the Ethereum Infrastructure

Founded in 2014 by Joseph Lubin, Consensys has played a foundational role in expanding the Ethereum network. Its portfolio includes major blockchain tools such as Infura, a leading node infrastructure service, and Linea, a Layer 2 scaling network. The company has also backed SharpLink, an ETH-focused treasury management firm.

Through these ventures, Consensys has established itself as a central force in developing applications and infrastructure that support Ethereum’s continued growth.

Looking Ahead

With experienced financial advisors and favorable market sentiment, Consensys appears poised to join a growing list of crypto firms entering public markets. 

If successful, the IPO could further validate the maturing blockchain industry and highlight the increasing convergence between traditional finance and decentralized technology.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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