PANews reported on May 14th that, according to CoinDesk, Ethereum application developer Consensys has postponed its potential IPO plans until at least the fall due to unfavorable market conditions. Consensys had planned to secretly file its S-1 registration statement with the SEC at the end of February this year and had hired JPMorgan Chase and Goldman Sachs to lead the process. In February 2026, the crypto market experienced a significant downturn due to macroeconomic uncertainty, tariff concerns, and outflows from Bitcoin ETFs, leading several crypto companies to suspend their IPO plans. BitGo was the only crypto-native company to go public in 2026, but its share price has fallen by approximately 36% from its IPO price. A Consensys spokesperson declined to comment on market speculation. Consensys completed a $450 million Series D funding round in early 2022, valuing the company at $7 billion.