Consensys delays potential U.S. IPO until fall as $7B MetaMask parent waits out risk-off markets

Coindesk •

Revision history

3 recorded changes

Want your article here?

Consensys has pushed its potential U.S. IPO to fall at the earliest after reportedly lining up JPMorgan and Goldman Sachs and aiming to file a confidential draft S-1 around late February. The MetaMask parent is getting caught in the same risk-off tape as Kraken and Ledger, with February’s crypto selloff, BTC ETF outflows, macro/tariff fears, and forced liquidations making new crypto listings ugly. BitGo is the cautionary comp: it raised $213 million in January, popped more than 20% on debut, and now trades about 36% below its $18 IPO price; Consensys was last valued at $7 billion in its 2022 Series D.

TLDR by @Benthic

More coverage

Consensys Delays US IPO Indefinitely, Joining Kraken and Ledger ... (cryptorank.io)
Crypto IPO Winter Arrives? Consensys and Ledger Hit the Pause ... (binance.com)
Consensys Delays Ethereum IPO Plans Until Fall 2026 (coinmarketcap.com)
MetaMask Developer Consensys Delays Potential IPO Until Fall ... (x.com)
Consensys Pushes IPO to Fall 2026: Why Joseph Lubin Is Waiting ... (investing.com)

Consensys delays potential U.S. IPO until fall as $7B MetaMask parent waits out risk-off markets

More coverage

Explore the topic

More on IPO

Stablecoin firm RedotPay completes financial audit, denies U.S. IPO delay as it targets $5 billion valuation

Coinbase launches IPO access, first offering is Oura Ring, open until September 29

Coinbase opens IPO access to US retail investors, starting with Oura

Gemini stock down 80% from IPO as buyers weigh its costly-to-replicate licenses

TD Cowen raises Smarter Web target 90% to $0.99 after proposed MORE preferred IPO expands the bitcoin treasury firm's funding options

OKX expands into Europe with pre-IPO bets on OpenAI and Anthropic, offering up to 10x leverage alongside 100 tokenized stocks and ETFs

Stablecoin firm RedotPay completes financial audit, denies U.S. IPO delay as it targets $5 billion valuation

Coinbase launches IPO access, first offering is Oura Ring, open until September 29

Coinbase opens IPO access to US retail investors, starting with Oura

Gemini stock down 80% from IPO as buyers weigh its costly-to-replicate licenses

TD Cowen raises Smarter Web target 90% to $0.99 after proposed MORE preferred IPO expands the bitcoin treasury firm's funding options

OKX expands into Europe with pre-IPO bets on OpenAI and Anthropic, offering up to 10x leverage alongside 100 tokenized stocks and ETFs

Total stats

How to Earn

More on IPO

Stablecoin firm RedotPay completes financial audit, denies U.S. IPO delay as it targets $5 billion valuation

Coinbase launches IPO access, first offering is Oura Ring, open until September 29

Coinbase opens IPO access to US retail investors, starting with Oura

Gemini stock down 80% from IPO as buyers weigh its costly-to-replicate licenses

TD Cowen raises Smarter Web target 90% to $0.99 after proposed MORE preferred IPO expands the bitcoin treasury firm's funding options

OKX expands into Europe with pre-IPO bets on OpenAI and Anthropic, offering up to 10x leverage alongside 100 tokenized stocks and ETFs

Stablecoin firm RedotPay completes financial audit, denies U.S. IPO delay as it targets $5 billion valuation

Coinbase launches IPO access, first offering is Oura Ring, open until September 29

Coinbase opens IPO access to US retail investors, starting with Oura

Gemini stock down 80% from IPO as buyers weigh its costly-to-replicate licenses

TD Cowen raises Smarter Web target 90% to $0.99 after proposed MORE preferred IPO expands the bitcoin treasury firm's funding options

OKX expands into Europe with pre-IPO bets on OpenAI and Anthropic, offering up to 10x leverage alongside 100 tokenized stocks and ETFs

Consensys delays potential U.S. IPO until fall as $7B MetaMask parent waits out risk-off markets

More coverage

Explore the topic

More on IPO

Stablecoin firm RedotPay completes financial audit, denies U.S. IPO delay as it targets $5 billion valuation

Coinbase launches IPO access, first offering is Oura Ring, open until September 29

Coinbase opens IPO access to US retail investors, starting with Oura

Gemini stock down 80% from IPO as buyers weigh its costly-to-replicate licenses

TD Cowen raises Smarter Web target 90% to $0.99 after proposed MORE preferred IPO expands the bitcoin treasury firm's funding options

OKX expands into Europe with pre-IPO bets on OpenAI and Anthropic, offering up to 10x leverage alongside 100 tokenized stocks and ETFs

Stablecoin firm RedotPay completes financial audit, denies U.S. IPO delay as it targets $5 billion valuation

Coinbase launches IPO access, first offering is Oura Ring, open until September 29

Coinbase opens IPO access to US retail investors, starting with Oura

Gemini stock down 80% from IPO as buyers weigh its costly-to-replicate licenses

TD Cowen raises Smarter Web target 90% to $0.99 after proposed MORE preferred IPO expands the bitcoin treasury firm's funding options

OKX expands into Europe with pre-IPO bets on OpenAI and Anthropic, offering up to 10x leverage alongside 100 tokenized stocks and ETFs

Comments

Total stats

How to Earn

More on IPO

Stablecoin firm RedotPay completes financial audit, denies U.S. IPO delay as it targets $5 billion valuation

Coinbase launches IPO access, first offering is Oura Ring, open until September 29

Coinbase opens IPO access to US retail investors, starting with Oura

Gemini stock down 80% from IPO as buyers weigh its costly-to-replicate licenses

TD Cowen raises Smarter Web target 90% to $0.99 after proposed MORE preferred IPO expands the bitcoin treasury firm's funding options

OKX expands into Europe with pre-IPO bets on OpenAI and Anthropic, offering up to 10x leverage alongside 100 tokenized stocks and ETFs

Stablecoin firm RedotPay completes financial audit, denies U.S. IPO delay as it targets $5 billion valuation

Coinbase launches IPO access, first offering is Oura Ring, open until September 29

Coinbase opens IPO access to US retail investors, starting with Oura

Gemini stock down 80% from IPO as buyers weigh its costly-to-replicate licenses

TD Cowen raises Smarter Web target 90% to $0.99 after proposed MORE preferred IPO expands the bitcoin treasury firm's funding options

OKX expands into Europe with pre-IPO bets on OpenAI and Anthropic, offering up to 10x leverage alongside 100 tokenized stocks and ETFs