Consensys Is Splitting in Two as MetaMask Goes Its Own Way
60-second summary
Consensys Software Inc. rebrands as MetaMask, separating from its parent as the wallet platform gains independence, while a newly created Consensys entity assumes control of the company’s Ethereum protocol development and institutional blockchain infrastructure operations. This split aims to sharpen focus, potentially boosting MetaMask’s market share and attracting institutional investors to the remaining Consensys business.
Consensys Software Inc. will become MetaMask, while a newly formed Consensys will take over the firm's Ethereum protocols and institutional blockchain infrastructure business.