Consensys to split MetaMask into its own firm while staying silent on IPO

60-second summary

Consensys announces it will spin off MetaMask into a separate company, rebranding Consensys Software Inc. under Ethereum co‑founder Joe Lubin, who will serve as chairman and CEO, while remaining silent on any IPO plans; the move signals heightened focus on wallet services, potentially boosting MetaMask’s market valuation and attracting institutional interest.