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Ethereum Developer Consensys Seeks Imminent IPO: Axios

JPMorgan and Goldman Sachs have been selected to lead the IPO.
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Oct 29, 20251 min read

Consensys – the prolific Ethereum software developer most notable for its release of the MetaMask crypto wallet – has reportedly selected JPMorgan and Goldman Sachs to lead its IPO, according to Axios.

What's the Scoop?

  • IPO Unknowns: Although little information has been released about when or where Consensys will list its stock, investment banks JPMorgan and Goldman Sachs have been selected to lead the process. Consensys founder Joseph Lubin was previously employed at Goldman Sachs from 1999-2001.
  • Tandem Tokens: Consensys's IPO ambitions come one month after the company conducted a TGE for its closely held Linea L2. The rumored listing also coincides with Consensys's confirmed plans to launch tokens for its MetaMask wallet and Infura infrastructure service.
  • Latest Raise: In March 2022, Consensys last raised a $450M Series D valuing the company at $7B. Prominent investors across all raises include: SoftBank, JPMorgan, BlackRock, Mastercard, Coinbase Ventures, ParaFi, and Dragonfy.

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