**Consensys to Spin Off MetaMask as a Separate Company While Keeping IPO Plans Quiet**
Consensys is preparing to separate MetaMask into its own company as the crypto wallet continues to grow within the $ETH ecosystem.
Under the plan, Consensys Software Inc. will rebrand as MetaMask. Ethereum co-founder Joe Lubin will serve as the company’s chairman and CEO.
The move gives MetaMask a more independent structure while keeping it closely connected to Consensys and the wider Ethereum community. However, the company has not revealed whether the change is linked to plans for an initial public offering (IPO).
#ETH #ETH #ETHETFsApproved
Consensys is preparing to separate MetaMask into its own company as the crypto wallet continues to grow within the $ETH ecosystem.
Under the plan, Consensys Software Inc. will rebrand as MetaMask. Ethereum co-founder Joe Lubin will serve as the company’s chairman and CEO.
The move gives MetaMask a more independent structure while keeping it closely connected to Consensys and the wider Ethereum community. However, the company has not revealed whether the change is linked to plans for an initial public offering (IPO).
#ETH #ETH #ETHETFsApproved