Consensys Splits into Two Companies, MetaMask to Focus on Consumer Self-Custody

The Ethereum ecosystem is undergoing a significant change as Consensys Software Inc. prepares to split into two separate companies by the end of 2026.

The existing company will keep running under the name MetaMask and focus on consumer self-custody products, with Joe Lubin serving as chairman and CEO.

The protocols group and institutional blockchain infrastructure business, including Linea and enterprise Ethereum tools, will move to a newly formed company that retains the Consensys name.

Lubin will take an executive chairman role in the new Consensys, while Mike Kriak and David Cunningham will lead it as CEO and president, respectively.