Consensys, Valued at Approximately $7 Billion, Delays IPO Plans Until at Least This Fall

Odaily reports that Consensys, the Ethereum software company and developer of the MetaMask wallet, has postponed its potential IPO from the originally planned spring window to at least this fall. Consensys had previously appointed JPMorgan and Goldman Sachs to lead the IPO process and planned to confidentially submit a draft S-1 prospectus to the U.S. Securities and Exchange Commission around late February. Consensys' last funding round was its Series D round completed in early 2022, raising $450 million at a valuation of approximately $7 billion, with participation from investors including Microsoft and SoftBank. The SEC dismissed its lawsuit against Consensys in February 2026. Consensys' MetaMask wallet boasts over 30 million monthly active users, while its Infura node service and Linea Layer 2 solution form its core infrastructure business.