Consensys, the developer of MetaMask, has delayed its planned U.S. initial public offering from spring to at least fall because of weaker market demand. The company had previously aimed to confidentially file a draft S-1 registration statement with the SEC by late February. The update also places Consensys alongside other crypto firms that have paused listing efforts, with Kraken and Ledger likewise halting IPO plans. Consensys last raised $450 million in 2022 at a $7 billion valuation.