Consensys Splits Into Two Separate Entities: MetaMask and New Consensys

Consensys Software has announced that it will split into two separate entities: MetaMask and a new Consensys.

The move is aimed at allowing both brands to operate independently, with their own focus areas. The new Consensys will continue to provide software solutions for the blockchain industry, while MetaMask will remain focused on its wallet and browser extension products.

This separation allows each brand to adapt to changing market conditions without affecting the other entity. According to the company, the move is part of a larger strategy to 'streamline operations' and improve efficiency.