Consensys Prepares for IPO, Signaling Shift from Developer Roots to Wall Street

Consensys, developer of MetaMask and a key player in the Ethereum ecosystem, is preparing for an initial public offering (IPO), marking a significant shift towards mainstream financial markets. JPMorgan Chase and Goldman Sachs have been enlisted to coordinate the listing, placing two major players in traditional finance at the forefront of Ethereum’s technological operations. While details remain confidential, this move underscores how far crypto infrastructure companies have come since the volatile early days of the industry.