MetaMask Institutional Solution MMI (MetaMask Institutional) released its 2023 Q1 review. New features include portfolio dashboard, account bundling of NFT views, identity verification and login, Institutional Staking market, etc.​

In terms of data, the MMI expansion's eight-week user retention rate exceeded 65%, a metric the team follows closely. Assets deployed on-chain (AUD) using MMI increased by 89.17%. Meanwhile, the MMI team expects annual revenue to grow 25.87%.​

MMI was launched in December 2020 to address the needs of cryptocurrency funds, market makers and other institutions to access DeFi, while also needing to meet security, operational and compliance requirements. Looking forward to the next quarter, officials stated that they will continue to iterate and improve all aspects of MMI, and plan to make major announcements in the second quarter. (Daily Planet)