ConsenSys, the company behind MetaMask, delayed its IPO until at least autumn because of the challenging conditions in the cryptocurrency market. The plan was to submit the S-1 form to the SEC in February, with JPMorgan and Goldman Sachs involved.
Ledger, a manufacturer of crypto wallets, also pushed back its offering for the same reasons. In 2022, ConsenSys secured $450 million at a $7 billion valuation.