Ethereum · CoinDesk
Its recently unveiled Money Account combines earning on stablecoin balances, spending and trading
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
◎ Multiple-sources
The new Consensys, meanwhile, will bring together the teams and technologies behind Linea and Ethereum software Besu and Teku, with a focus on infrastructure for banks, asset managers and other institutions.
Key facts
- Tokenized equities lead RWA inflows as the market recovers; Binance's bStocks hit ~$118.5M in two months, now #2 issuer and ~90% of on-chain equity DEX volume
- The separation, which would see Mike Kriak lead the new Consensys as CEO, is expected to be completed by the end of 2026
- The existing company, Consensys Software Inc., will rebrand as MetaMask under Ethereum co-founder Joe Lubin as chairman and CEO
- MetaMask, which lets users manage their cryptocurrency directly, has recorded more than 100 million downloads, the company said
Summary
Ethereum development firm Consensys is splitting into two separate companies by late 2026, creating an independent business dedicated to its MetaMask wallet. The second firm, retaining the Consensys name, will focus on institutional blockchain infrastructure and protocols like Linea. The company remained silent on its previously delayed U.S. initial public offering (IPO) and did not clarify which new entity might go public. Ethereum development firm Consensys plans to split into two independently operated companies, separating its MetaMask wallet business from the Ethereum protocols and institutional blockchain infrastructure it has helped build over the past decade. The existing company, Consensys Software Inc., will rebrand as MetaMask under Ethereum co-founder Joe Lubin as chairman and CEO.