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45CRYPTO

Consensys to split, separating MetaMask consumer wallet from institutional blockchain business

⚡ Markets: The split could unlock value by allowing each business to focus on its distinct market (retail vs. institutional). It may presage a future token launch or public listing for MetaMask, a key piece of Ethereum infrastructure.ETH

Ethereum software company Consensys is restructuring into two separate entities. One company will focus on the consumer-facing MetaMask wallet, while a new firm, also named Consensys, will handle Ethereum protocols and institutional blockchain infrastructure.

West MSM: noneFinancial press 31 country
3 sources across the spectrum
Financial pressCointelegraph — Consensys to split into MetaMask and institutional blockchain company
Financial pressThe Block — Consensys splits MetaMask from institutional and Ethereum infrastructure businesses
Financial pressDecrypt — Consensys Is Splitting in Two as MetaMask Goes Its Own Way
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