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Consensys, valued at approximately $7 billion, has postponed its IPO plan 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 plan from the originally planned 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 financing completed in early 2022, raising $450 million at a valuation of approximately $7 billion, with participation from investors such as Microsoft and SoftBank. The U.S. Securities and Exchange Commission dismissed its lawsuit against Consensys in February 2026. Consensys' MetaMask wallet has over 30 million monthly active users, while the Infura node service and the Linea Layer 2 solution form its core infrastructure business.