MetaMask has recently added new features including a rewards program and in-app perps trading. It will soon allow in-app betting through an integration with Polymarket.
Consensys, the company behind the popular Ethereum-based wallet MetaMask, is planning an initial public offering (IPO), according to a Wednesday report from Axios. The firm has reportedly enlisted the help of JPMorgan and Goldman Sachs to assist with the IPO.
Consensys’ decision to go public follows a swathe of recent IPOs by other crypto-related firms including Circle, the company behind the USDC stablecoin, and Bullish, a crypto exchange company and owner of crypto news outlet CoinDesk.
Circle had a massive debut in June 2025, opening at more than double its IPO price of US$31 (AU$47) at US$69 (AU$105) per share. Its value rose rapidly, hitting a high of around US$298 (AU$452) within the same month. Currently it’s trading at around US$131 (AU$198).
The prospects for crypto firms going public have improved since Donald Trump returned to the Whitehouse, with his administration’s staunchly pro-crypto stance fuelling the market’s appetite for crypto-related companies.
It appears MetaMask is engaging in something of a blitz to attract more active users ahead of its IPO, having launched a new rewards program just days ago.
Last month, Joe Lubin, the CEO of Consensys, confirmed that MetaMask would soon also be launching a MASK token, which could potentially add additional rewards for consistent users of the wallet platform.
MetaMask Jumps on Board Perpetuals Craze, Plans to Add Polymarket
Earlier this month, MetaMask launched in-app perpetuals trading, powered by decentralised perpetuals exchange, Hyperliquid. The company also said it plans to add in-app betting functionality by integrating the decentralised ‘prediction market’, Polymarket.
MetaMask says the new Hyperliquid integration, which is only available in select geographic regions, allows one-click, swap fee-free perps trading on any Ethereum Virtual Machine (EVM) enabled public network.
In a blog post, MetaMask described the launch of perps trading and its new rewards program as “two foundational features,” that “establish MetaMask as an all-in-one self-custodial trading and investment hub for global finance.”
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