Consensys plans to go public through blockchain and is seeking acquisition opportunities

Consensys CEO Joe Lubin said the company wants to use crypto-native methods to attract public investment and is looking for acquisition opportunities. When asked about "Consensys's path to listing," Lubin said "We've been talking about this for a long time." "There are different ways to go public in our ecosystem," he continued, "You can launch a protocol, you can tokenize the protocol, you can externalize the project." But he did say Consensys may spin off MetaMask or other divisions, such as toolkit developers Infura or Linea. Consensys is working with audit firm KPMG, but declined to provide specific details. In addition, Lubin made it clear that Consensys will choose to go public through the blockchain route rather than listing on Nasdaq or other stock exchanges. He added: "If we do go public in some form, we always tend to do something with our own technology. This does not mean that we want to leave the US capital market, which has strong depth and liquidity. But there may be a way to use our own technology to go public and still let people use it." (DL News)