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55CRYPTO

Consensys to split, spinning off MetaMask into a separate company

⚡ Markets: This is a significant restructuring for one of the foundational companies in the Ethereum ecosystem. Spinning off MetaMask could unlock its value, potentially leading to an IPO or a token launch, which would be a major event for the crypto market.ETH

Ethereum software giant Consensys is restructuring into two separate entities. The consumer-facing wallet business, MetaMask, will become its own company, while the institutional blockchain infrastructure and protocol development will remain under a newly formed Consensys.

West MSM: noneFinancial press 41 country
4 sources across the spectrum
Financial pressCointelegraph — Consensys to split into MetaMask and institutional blockchain company
Financial pressCoinDesk — Consensys to split MetaMask into its own firm while staying silent on IPO
Financial pressDecrypt — Consensys Is Splitting in Two as MetaMask Goes Its Own Way
Financial pressThe Block — Consensys splits MetaMask from institutional and Ethereum infrastructure businesses
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