MetaMask Breaks Free from Consensys to Focus on Consumer Finance
Ethereum-focused Consensys Software Inc. is splitting into two independent companies. The consumer-facing MetaMask business will be separated from its institutional and infrastructure operations.
The new MetaMask company, led by Joe Lubin as chairman and CEO, will focus on self-custodial consumer finance, expanding beyond its wallet roots into payments, savings, and investing.
MetalMask has more than 100 million downloads across roughly 190 countries and has facilitated trillions of dollars in cumulative transaction volume.
The company said the split reflects growing institutional demand for tokenization, stablecoins, and blockchain infrastructure as financial firms move from pilots to production deployments.