Crypto
Consensys' MetaMask Spinoff Creates Two Separate Entities
Consensys Software Inc., the company behind MetaMask, is undergoing a corporate split. By 2026, the Ethereum software company will divide into two distinct entities. The popular cryptocurrency wallet, MetaMask, will become a standalone entity and rebrand as Consensys Software Inc.
The current legal entity, Consensys Software Inc., will adopt the MetaMask brand name. Joe Lubin, co-founder of Ethereum, will assume the positions of chairman and chief executive officer of this consumer-focused operation.
A newly established organization will carry forward the Consensys brand. Mike Kriak will hold the CEO position, with David Cunningham as president. Lubin will maintain involvement as executive chairman of this enterprise-oriented business.