Consensys to Split Into MetaMask and Consensys by End of 2026
Consensys Software Inc., the company behind MetaMask and various blockchain infrastructure tools, is planning to split into two separate entities by the end of 2026. This separation aims to give each business dedicated leadership, operating models, and investment strategies tailored to their respective markets.
META-MASK, the consumer-facing platform, will operate under the existing corporate entity and rebrand as MetaMask, with Joe Lubin serving as Chairman and CEO. The company's protocols group and institutional blockchain infrastructure business will be transferred into a newly formed company carrying the Consensys name.
The new Consensys will focus on developing and supporting technologies for the institutional side of blockchain infrastructure, including Ethereum, Linea, Besu, and Teku. It will also expand its work with banks, asset managers, payment providers, and other financial institutions adopting tokenization, stablecoins, and programmable settlement.
META-MASK has grown to over 100 million downloads across approximately 190 countries, facilitating trillions of dollars in cumulative transaction volume. The platform is expanding beyond its origins as a self-custodial wallet into a broader financial platform designed to give consumers a single place to hold, spend, save, trade, and grow their money.