Ethereum Giant Consensys Gears Up for Public Listing Amid Crypto IPO Revival
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Ethereum giant Consensys gears up for public listing amid crypto IPO revival. The company behind one of the world's most widely used crypto wallets is preparing to step into public markets. Consensys, creator of MetaMask, is quietly working toward an initial public offering, marking a major shift from Ethereum's developer roots to Wall Street's trading floors. Sources cited by Axios say the blockchain firm has enlisted JPMorgan Chase and Goldman Sachs to coordinate its listing - a move that puts two of traditional finance's biggest players at the center of Ethereum's software empire. While details remain under wraps, the decision signals how far crypto infrastructure companies have come since the market's volatile early years. Crypto companies find a friendlier Wall Street. A few years ago, the idea of a major crypto firm going public in the United States seemed unlikely. But with the Trump administration reshaping the country's policy stance, the environment for digital-asset businesses has shifted dramatically. Capital that once flowed offshore is now returning to U.S. markets, and investors are once again showing interest in blockchain firms with proven revenue models. In recent months, Circle, the issuer of the USDC stablecoin, and Bullish, a digital-asset exchange, both went public to strong demand. Circle's IPO, in particular, was hailed as a turning point -...
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