Consensys seeks to attract public investment using crypto-native methods and is looking for acquisition opportunities
PANews reported on May 23 that Consensys CEO Joe Lubin stated that Consensys aims to attract public investment using crypto-native methods and is looking for acquisition opportunities.
When asked about "Consensys's plans for going public," Lubin said, "We have been talking about this for a long time. In our ecosystem, there are different ways to go public. You can launch a protocol, you can tokenize the protocol, you can externalize the project. If we go public in some form, we always tend to use our own technology." Lubin was tight-lipped about which specific method would be used, but he did mention that Consensys might spin off MetaMask or other divisions, such as toolkit developer Infura or Layer2 network Linea.
Lubin hinted that Consensys is preparing some projects. He mentioned that Consensys is working with auditing firm KPMG but refused to disclose details. However, he made it clear that Consensys would choose a blockchain method to go public rather than listing on Nasdaq or other stock exchanges. Lubin said, "If we go public in some form, we always tend to use our own technology to do something. This does not mean we want to abandon the U.S. capital markets, as they have depth and liquidity. But maybe there are ways to go public using our own technology while still being able to leverage it."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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