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Consensys delays IPO to fall amid weak crypto market conditions

Market News
13 May 2026
Coindesk
View Source
Bearish
pluang ai news

Consensys, the Ethereum app builder behind MetaMask, has postponed its planned U.S. IPO until at least fall 2026 due to poor market conditions. The company had aimed to file its draft registration with the SEC by February but delayed amid a crypto market downturn and investor caution. Consensys had raised $450 million in 2022, valuing it at $7 billion. This delay reflects broader crypto market volatility, with other firms like Ledger also pausing IPO plans despite improved regulatory clarity in the U.S.

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