MetaMask developer Consensys has postponed its potential IPO plans to at least this fall due to weak market conditions. Sources say Consensys originally planned to secretly file its S-1 with the U.S. SEC around the end of February this year and has already hired JPMorgan and Goldman Sachs to handle the process. Affected by macroeconomic uncertainty, concerns over tariffs, cooling expectations for rate cuts, and Bitcoin ETF outflows, the crypto market has remained under sustained pressure since February this year, and multiple crypto companies have also paused their listing plans. Consensys completed a $450 million Series D funding round in 2022, valuing the company at $7 billion. (CoinDesk)

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