PANews reported on May 23 that according to DL News, Consensys CEO Joe Lubin said that Consensys hopes to use crypto-native methods to attract public investment and the company is looking for acquisition opportunities.
When asked about ConsenSys’ plans to go public, Lubin said, “We’ve 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 say that ConsenSys may spin off MetaMask or other divisions, such as toolkit developer Infura or Layer2 network Linea.
Lubin hinted that Consensys has some projects in the pipeline. He said Consensys is working with auditing firm KPMG, but declined to reveal details. However, he was clear that Consensys will choose to go public through blockchain rather than listing on Nasdaq or other stock exchanges. Lubin said: "If we go public in some form, we always prefer to use our own technology to do something. This does not mean that we want to give up the U.S. capital markets, because the U.S. capital markets are deep and liquid. But maybe there are ways to go public using our own technology and still use it."
