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Consensys to split MetaMask from Ethereum infrastructure businesses

The separation is expected to finish by end-2026, with the existing company rebranding as MetaMask under CEO Joe Lubin.

Reported · Written up by our desk · Market Structure

Consensys Software Inc. will split into two independently operated companies, separating its consumer-facing MetaMask business from its Ethereum infrastructure and institutional operations, according to The Block.

The MetaMask rebrand is expected to be completed by the end of 2026. The company said Joe Lubin will serve as chairman and CEO of MetaMask, which will focus on self-custodial consumer finance and expand beyond its wallet roots into payments, savings, and investing. The company also cited more than 100 million MetaMask downloads across roughly 190 countries and “trillions of dollars” in cumulative transaction volume.

The remaining entity, expected to retain the Consensys name, will be led by CEO Mike Kriak and focus on Ethereum and institutional blockchain infrastructure, including the Linea network and the Besu and Teku clients. The company said it created the split as institutional demand grows for tokenization, stablecoins, and blockchain infrastructure as financial firms move from pilots to production deployments.

Latest closeEthereum $2,488.03 ▲0.1%

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