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

Odaily Odaily News Consensys CEO Joe Lubin said the company hopes 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 have been talking about this for a long time." "In our ecosystem, there are different ways to go public," he continued, "You can launch a protocol, you can tokenize the protocol, you can externalize the project." But he did say that 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 use our own technology to do something. This does not mean that we want to leave the U.S. 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)