MetaMask Splits from Consensys as Two Separate Entities

Consensys has announced a major split separating its consumer wallet business from institutional infrastructure operations. The move will create two independent companies targeting different phases of adoption.

META Mask, formerly Consensys Software Inc., will lead consumer finance while Consensys will focus on Ethereum infrastructure. META Mask plans to expand beyond wallet services into finance with its Money Account combining stablecoin spending, trading, and yield features.

The company aims to connect users with traditional financial products while maintaining its Ethereum focus. With over 100 million downloads across 190 countries, its reach could support a wide range of financial services.