MetaMask Breaks Free from Consensys, Embarks on Consumer Finance Journey
Consensys and MetaMask are separating into two independent companies by the end of 2026. This move marks the end of a single-company structure that has been in place for over a decade.
The new separation will see MetaMask take on consumer self-custodial finance, with over 100 million downloads across 190 countries and facilitated trillions of dollars in cumulative transaction volume.
MetaMask will also focus on building out Money Account, a self-custodial account that combines automated earning, instant spending, and one-click trading in a single balance. This is in addition to the launch of its own dollar stablecoin, mUSD, issued through Stripe-owned Bridge, and a Mastercard-linked card.
Meanwhile, Consensys will focus on Ethereum protocols and institutional infrastructure, including the Protocols Group and tokenization and stablecoin work for banks and asset managers. Joe Lubin will step in as Chairman and CEO of MetaMask while serving as Executive Chairman of Consensys.