Consensys IPO News: JPMorgan, Goldman Sachs On Board

Consensys IPO News: JPMorgan and Goldman Sachs to Support

Consensys, the Ethereum-based blockchain software firm behind popular crypto wallet MetaMask, is gearing up for a significant milestone, following the footsteps of industry players like Circle and Bullish. This move puts the Metamask parent in the ranks of crypto firms going public amid more favorable regulations and market conditions.

In the latest Consensys IPO news, the company is reportedly planning to go public with the help of Wall Street giants JPMorgan and Goldman Sachs. It is noteworthy that these financial behemoths have been involved in most major IPOs, underscoring the significance of this partnership.

Consensys IPO News: Key Details Revealed

According to the latest Consensys IPO news, the MetaMask parent is hiring Wall Street giants JPMorgan and Goldman Sachs to assist with its offering plans. Axios reported that the Ethereum-based blockchain network has tapped these veteran players to go public this year. A spokesperson noted that the company is "constantly exploring opportunities to expand its impact." They added,

"While we continuously evaluate strategic options for growth, we have nothing to announce at this time.”

Notably, JPMorgan and Goldman Sachs will oversee key aspects of the listing, including underwriting, pricing, and investor outreach. Although the team has not revealed specifics on the timing or valuation, a potential listing could occur in the latter half of 2025 or early 2026.

Will Consensys Replicate Circle's Success?

Significantly, the Consensys IPO news comes on the heels of the successful public offering of Circle. Circle's IPO was a resounding success, with its stock surging up to 750% above the initial price of $31 per share after its June 5, 2025, debut on the New York Stock Exchange. The company raised approximately $1.1 billion, valuing it at nearly $6 billion. Strong demand drove the stock price up, with 34 million shares of Class A common stock changing hands.

While the public offering was successful, it was not a smooth experience. Circle had pursued a SPAC IPO in December 2021, where the offering was pulled in early 2022 due to regulatory concerns and back-breaking bear market conditions at the time.  After waiting for clearer regulatory guidelines around stablecoins and an improvement in market conditions, Circle returned to the market with a traditional listing that was oversubscribed, with no issues during the offering process.

Given the MataMask parent’s strong position in the Ethereum ecosystem and the recent price performance of crypto-specific offerings, the interest around the upcoming event will be very high. With speculation that the firm will go public in late 2025 or early 2026, it stands to gain significant market share in the markets.