Consensys Splits MetaMask Into Independent Consumer Company

Consensys Software Inc. announced on Sept. 9 that it is separating into two independent companies, turning its MetaMask consumer platform into a standalone business while placing its protocol and institutional infrastructure operations in a newly formed Consensys entity.

The companies began operating independently immediately, with the legal separation expected to finish by the end of 2026. In the official announcement, Ethereum co-founder Joseph Lubin said the existing company will be rebranded as MetaMask.

Lubin will serve as its chairman and chief executive, while becoming executive chairman of the new Consensys. MetaMask becomes the dedicated consumer company The rebranded MetaMask business will focus exclusively on the wallet and its consumer products.

Consensys said the app, users’ assets, private keys and access remain unchanged, and customers do not need to take any action because of the corporate restructuring. The company also said its developer-facing SDKs, APIs and tooling will continue as before.