Consensys is shaking things up: MetaMask is breaking out as its own company, with Joseph Lubin at the helm. The wallet's growth has outpaced other Consensys divisions, while institutional products, Ethereum infrastructure, and protocol development will stay under the Consensys brand.

What’s Going On

The company is splitting its business, spinning MetaMask into a standalone entity. Meanwhile, institutional services, Ethereum infrastructure solutions, and protocol development will keep running as part of Consensys.

IPO: What We Know So Far

Joseph Lubin hasn’t committed to a specific IPO timeline. Still, after the split, MetaMask could hit the public markets as soon as early 2027.

MetaMask Token

Don’t hold your breath for a MetaMask token—the company’s not making it a priority. Current market conditions and regulatory headwinds have cooled interest in launching a token.