BlockBeats News, May 14th, Ethereum software giant and MetaMask wallet developer Consensys has postponed its potential initial public offering (IPO) plan from the original spring window to at least this year's fall. This move comes as another top crypto enterprise delays its public listing deployment following sustained pressure on the crypto market since February.

Consensys CEO and Ethereum co-founder Joseph Lubin had expressed a long-term bullish view at the beginning of May during the Consensus Miami 2026 conference, predicting that the "entire economy will be tokenized." However, the short-term market environment has presented realistic challenges to its listing plan.

It was disclosed that the company had previously hired JPMorgan and Goldman Sachs to lead the IPO process and planned to confidentially submit an S-1 draft registration statement to the U.S. Securities and Exchange Commission (SEC) around late February. Consensys's last funding round was in early 2022 with a Series D that raised $4.5 billion, establishing a valuation of around $70 billion and attracting participation from well-known investors like Microsoft and SoftBank.

Of note, the regulatory environment has improved for Consensys, as the SEC dismissed a lawsuit against the company in February 2026, removing a key legal obstacle to the listing. The company's MetaMask wallet has over 30 million monthly active users, while its Infura node service and Linea Layer 2 solution form its core infrastructure business.