MetaMask developer Consensys has postponed its potential IPO plan at least until this fall due to weak market conditions. Sources say that Consensys originally planned to secretly file the S-1 with the U.S. SEC around the end of February this year and has hired JPMorgan and Goldman Sachs to handle the process. Affected by macroeconomic uncertainty, tariff concerns, cooling of rate cut expectations, and outflows from Bitcoin ETFs, the crypto market has been under continuous pressure since February this year, and many crypto companies have also paused their listing plans. Consensys previously completed a $450 million Series D funding round in 2022, with a valuation of $7 billion. (CoinDesk)