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Consensys to split MetaMask business from Ethereum and institutional ops

The restructuring will ring-fence MetaMask’s consumer activities while grouping Consensys’ Ethereum protocols with its institutional blockchain infrastructure operations.

Reported · Written up by our desk · Bitcoin

Cointelegraph reports that Consensys is planning a corporate restructuring that separates MetaMask’s consumer business from its other technology operations.

Under the plan, MetaMask’s consumer-focused activities will be split into a dedicated business, while Consensys’ Ethereum protocols and its institutional blockchain infrastructure operations will be organized separately.

The move is intended to clearly delineate the company’s MetaMask consumer offering from its Ethereum and institutional blockchain work, according to Cointelegraph.

Latest closeEthereum $2,459.64 ▼1.0%

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Sources

CointelegraphConsensys to split into MetaMask and institutional blockchain company

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