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Consensys, valued at approximately $7 billion, has postponed its IPO plans to at least this fall

2026-05-14 00:01

Odaily Planet Daily News: Consensys, the Ethereum software company and developer of the MetaMask wallet, has postponed its potential IPO plans from the originally scheduled spring window to at least this fall. Consensys had previously hired 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 a 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 U.S. Securities and Exchange Commission dropped its lawsuit against Consensys in February 2026. Consensys' MetaMask wallet boasts over 30 million monthly active users, with its Infura node service and Linea Layer 2 solution forming its core infrastructure business.