According to the source, Axios reports that Consensys has selected JPMorgan and Goldman Sachs as lead underwriters for its planned IPO, Axios reports. Consensys states it develops MetaMask, a core wallet for the Ethereum ETH ecosystem, according to Consensys. The U.S. SEC states that IPOs require filing Form S-1 before marketing to investors, according to the U.S. SEC.

According to the source, Axios reported that Consensys plans a public listing and has selected JPMorgan and Goldman Sachs to lead its IPO, indicating the banks will act as lead underwriters for the offering per Axios. Consensys states it builds core Ethereum infrastructure through products like MetaMask and Infura, which provide wallet access and Ethereum (ETH) node/API services used by developers and institutions, according to Consensys’ official product documentation. Consensys has also stated that MetaMask has no token and warned users about fake airdrops, according to official Consensys and MetaMask communications.

According to Flood (@ThinkingUSD), cryptocurrency exchange OKX has been fined $500 million for money laundering violations, as reported by Axios. This substantial penalty could impact OKX's liquidity and market operations, influencing traders' decisions about engaging with the exchange.

According to @_RichardTeng, Binance emphasizes that user protection is its top priority, a stance that has always been and will continue to be central to its operations. This focus on providing the best for users is seen as crucial for the long-term growth of the cryptocurrency market. The details were shared in an interview with Axios.