Consensys Splits Into Two Companies as MetaMask Becomes Independent
Consensys Software Inc. is undergoing a major structural change. The company will split into two separate entities, with MetaMask becoming its own independent operation. Meanwhile, a newly formed Consensys will take over the firm’s Ethereum protocols and institutional blockchain infrastructure business.
What the Split Means
The reorganization separates the well-known MetaMask brand from the broader suite of Ethereum and institutional services. Under the new structure, Consensys Software Inc. will become MetaMask, while the newly created Consensys will assume responsibility for the Ethereum protocols and institutional blockchain infrastructure operations.
This division marks a significant shift for the organization, creating two distinct focuses: one centered on the MetaMask product and another dedicated to Ethereum protocol development and institutional blockchain solutions.