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60CRYPTO

Ethereum software company Consensys to restructure, spinning off popular crypto wallet MetaMask into a separate entity

⚡ Markets: A significant restructuring in a foundational Ethereum company. Could unlock value for Consensys investors and may lead to an eventual MetaMask token or IPO, which would be a major event for the crypto market.ETH

Consensys is splitting into two companies. One, to be renamed MetaMask, will focus on the consumer-facing wallet and related products. The other, retaining the Consensys name, will handle institutional blockchain infrastructure and Ethereum protocol development.

West MSM: noneFinancial press 31 country
3 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
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