Consensys Paves Path for MetaMask IPO - Crypto Giant Goes Public
Consensys, the blockchain software company behind the massively popular MetaMask wallet, is officially rolling up its sleeves for an initial public offering.
The Ethereum infrastructure powerhouse has begun preparations to take the company public—potentially marking one of the most significant traditional finance entries by a crypto-native company.
Market Impact and Timing
Sources close to the matter confirm the IPO preparations are underway, though the exact timeline remains fluid. The move comes as institutional adoption of blockchain technology reaches new heights—and just wait until Wall Street tries to value a company whose main product is a gateway to decentralized finance.
Industry analysts speculate the offering could value Consensys in the billions, given MetaMask's dominance as the leading Web3 wallet with over 30 million monthly active users. Because nothing says 'mass adoption' like needing SEC approval to access your decentralized assets.
The final step? Watching traditional finance firms suddenly become blockchain experts overnight when there's a prospectus to sell.
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Amazon stock has risen 12% over the past five-trading sessions, bringing the year-to-date increase to 16%. The e-commerce and cloud computing giant recently reported better-than-expected third-quarter earnings, with artificial intelligence (AI) tailwinds driving strong growth in its AWS unit
Top Analysts Are Optimistic on AMZN Stock
Wedbush analyst Scott Devitt raised his price target for Amazon stock to $340 from $330 and reiterated a Buy rating. The 5-star analyst noted that the planned capacity under the partnership with ChatGPT maker OpenAI is planned to come online by the end of next year, with continued expansion over seven years. “Importantly, we believe this deal builds on Amazon’s current partnership with Anthropic, serving as the company’s primary cloud provider,” said Devitt.
Meanwhile, TD Cowen analyst John Blackledge reiterated a Buy rating on AMZN stock with a price target of $300, saying that the partnership with OpenAI “underscores AWS’s scaling AI infrastructure offering.” The 5-star analyst highlighted that the deal follows AMZN’s Q3 earnings call, during which the company mentioned several unannounced October deals, which had surpassed the overall Q3 deal volume. In fact, AWS backlog stood at $200 billion at the end of Q3 2025, without the OpenAI deal.
Blackledge noted that the 20% surge in AWS revenue in Q3 2025 was fueled by growth in Core and AI workloads. He expects AWS revenue to increase by 21.4% year-over-year in Q4 and 22.9% in 2026, indicating continued acceleration.
Additionally, Bank of America analyst Justin Post reiterated a Buy rating on Amazon stock with a price target of $303. Post stated that the OpenAI deal is “an important validation for AWS on two fronts.” First, the deal supports the belief that expansion in AWS capacity will accelerate revenue growth of the cloud unit. Second, the dual AI chip approach (using in-house Trainium2 chips for Anthropic and Nvidia GPUs for OpenAI) enables AWS to serve varied client needs. The 5-star analyst highlighted Amazon’s strength in addressing diverse customer requirements, as reflected in its partnerships with OpenAI and Anthropic, with the two AI companies now using a mix of first-party and third-party chips on AWS.
Is Amazon Stock a Buy, Hold, or Sell?
With 41 unanimous Buys, Amazon scores Wall Street’s Strong Buy consensus rating. The average AMZN stock price target of $295.62 indicates 16.4% upside potential from current levels.
