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Consensys Software Inc plans to split into two independent companies separating MetaMask from institutional infrastructure

Consensys Software Inc will split into two independently operated companies, separating its consumer-facing MetaMask wallet under Joe Lubin from a new Consensys entity focused on Ethereum and institutional infrastructure.

WHY IT MATTERS

The split separates the consumer wallet product from the institutional infrastructure business, potentially altering how developers integrate with MetaMask versus Consensys enterprise tools. Engineers building on MetaMask may face different organizational roadmaps and licensing terms once the two entities operate independently.

Written by elseif from the cluster below · every claim links back to a source

The three things worth knowing

01

Consensys Software Inc will split into two independently operated companies.

02

The consumer-facing MetaMask wallet will become its own company with Joe Lubin serving as CEO.

03

A new Consensys entity will focus on Ethereum and institutional infrastructure.

THE CLUSTER

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Techmeme Consensys plans to split into two companies: MetaMask, with Joe Lubin as CEO, and a new Consensys focused on Ethereum and institutional infrastructure (Jason Shubnell/The Block) Open ↗