MetaMask Developer Consensys Delays Potential IPO Until Fall Amid Weak Crypto Markets MetaMask developer Consensys has delayed its potentia…
MetaMask Developer Consensys Delays Potential IPO Until Fall Amid Weak Crypto Markets
MetaMask developer Consensys has delayed its potential IPO until at least this fall due to weak market conditions. Sources said the company had planned to confidentially file a draft S-1 with the U.S. SEC around late February and had engaged JPMorgan and Goldman Sachs to lead the process. The broader crypto market has remained under pressure since February, prompting several crypto firms to pause IPO plans. Consensys raised $450 million in a Series D round in 2022 at a $7 billion valuation.
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