Ethereum app builder Consensys has delayed its potential IPO until fall

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Consensys, the Ethereum app builder behind MetaMask, has delayed its potential IPO until fall. The company had earlier engaged JPMorgan and Goldman Sachs to lead the process. This delay may impact Consensys's valuation, which was expected to be substantial, with MetaMask's popularity and growing demand for Web3 services potentially driving significant interest in the IPO, affecting the cryptocurrency market's sentiment.