Crypto software giant Consensys is preparing for an Initial Public Offering (IPO) with the support of two leading Wall Street banks, JPMorgan and Goldman Sachs. The company aims to go public by late 2025 or early 2026, fueled by investor confidence spurred by MetaMask’s expansion and regulatory wins.
Founded in 2014 by Ethereum co-founder Joseph Lubin, Consensys has played a pivotal role in developing tools and infrastructure for the Ethereum ecosystem. Its offerings include Infura, which supports Ethereum node operations, and Linea, a faster, cheaper blockchain transaction layer-2 scaling network. The company is also behind SharpLink, a treasury management platform that has secured over $200 million from on-chain yield strategies. In 2022, it raised $450 million in Series D funding, valuing the company at $7 billion and attracting investments from prominent players like SoftBank, BlackRock, JPMorgan, and Mastercard.
The planned IPO will be led by Goldman Sachs and JPMorgan, who will handle underwriting, pricing, and investor engagement. Details on valuation and listing date remain undisclosed, but early 2026 is a likely timeframe. Consensys’ move follows successful public offerings of Circle and Bullish earlier this year, positioning it as part of a growing wave of blockchain companies entering the market.
MetaMask continues to gain traction with new features like its own MASK token, perpetual futures trading, and user rewards program. The company also secured regulatory clearance for its staking services in February 2025, clearing a key hurdle towards an IPO. With a favorable regulatory environment under a more crypto-friendly administration, Consensys’ IPO timing couldn’t be better.