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Consensys Plans Split as MetaMask Becomes Standalone Company
MetaMask will keep consumer products while a new Consensys takes over Ethereum protocols and institutional blockchain infrastructure, with the split expected by the end of 2026.
- Consensys Software Inc. announced Wednesday it is splitting into two entities, with the existing company rebranding as MetaMask to operate consumer products while a newly formed Consensys takes over protocols and institutional infrastructure.
- Since launching as an Ethereum browser extension, MetaMask has expanded beyond crypto wallets over the past year, adding products spanning payments, yield and tokenized traditional assets to serve broader consumer financial needs.
- The platform has recorded more than 100 million downloads across roughly 190 countries, while the MetaMask Card recently expanded its availability to 49 states across the United States.
- Leadership of the new Consensys will fall to CEO Mike Kriak and President David Cunningham, while Joe Lubin will serve as chairman and CEO of the independent MetaMask.
- By the end of 2026, the new Consensys will complete its restructuring to focus on protocols and institutional infrastructure, including Linea, Besu and Teku, for financial institutions deploying blockchain systems.
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Lubin Will Run MetaMask as Consensys Moves Its Protocol Work Into a New Company
The company behind much of Ethereum's tooling will carry on as MetaMask under Joe Lubin, while its protocol and institutional infrastructure work, including Linea and Besu, moves into a newly formed company that takes the Consensys name.
CointelegraphReposted by 
The New York Ledger
The New York LedgerConsensys Plans Split as MetaMask Becomes Standalone Company
Consensys plans to separate MetaMask from its institutional blockchain business by the end of 2026 as the crypto wallet expands into broader financial services.
·New York, United States
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