Crypto
MetaMask Breaks Free from Consensys, Focused on Consumer Financial Products
Consensys Software Inc., the company behind MetaMask, is splitting its business into two independent companies. One will operate as MetaMask, focused on consumer products, while the other will continue under the Consensys name with Ethereum infrastructure and institutional operations.
The restructuring reflects the different markets served by both businesses, according to Joseph Lubin, co-founder of Ethereum and Chairman and CEO of MetaMask. He stated that what changes is their focus on what MetaMask can become.
MetaMask will operate as a standalone company, providing self-custody, digital assets, and consumer financial products. The company has reported over 100 million downloads across nearly 190 countries.