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Consensys spins off MetaMask wallet into independent entity

By PulseAugur Editorial · [1 sources] ·

Consensys, a prominent company in the Ethereum ecosystem, is undergoing a significant corporate restructuring by spinning off its flagship MetaMask wallet into a separate entity. This strategic move aims to allow the consumer-focused MetaMask platform to pursue its growth independently, while the remaining Consensys operations will concentrate on institutional-grade Ethereum software and protocols. Joe Lubin, the founder of Consensys, will lead the new MetaMask unit as CEO, with Mike Kriak heading the legacy Consensys business. AI

RANK_REASON Spin-off of a well-known crypto wallet product into a new entity.

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Consensys spins off MetaMask wallet into independent entity

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4 / 100
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Spin-off of a well-known crypto wallet product into a new entity.
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Jeff John Roberts ·

    Ethereum giant Consensys spins off flagship MetaMask wallet, stays mum on IPO and token plans

    The company will now formally operate as two separate entities, with one focused on MetaMask and the other on institutional software.

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