Consensys announces a corporate split in which MetaMask is separated from its Ethereum and institutional infrastructure activities. The changes restructure the company into different businesses rather than keeping all functions under one umbrella.
According to reports, the reorganization is expected to be completed by the end of 2026. The existing entity will rebrand as MetaMask, with CEO Joe Lubin continuing to lead the MetaMask business. A newly formed Consensys entity will take over the Ethereum protocols and the company’s institutional blockchain infrastructure work.
Outlets describe the same overall separation but focus on different parts of the plan. One outlet emphasizes the separation of MetaMask from the institutional and Ethereum infrastructure businesses, while another frames it as the creation of a standalone MetaMask company alongside a new Consensys holding the protocol and infrastructure segments.