Consensys is restructuring its business. The company will separate its popular MetaMask wallet for individual users from its services for large institutions and its core Ethereum protocol development work.
Consensys, a major blockchain company, is reorganizing its operations. This change will create two distinct entities. One will focus on MetaMask, which is a widely used crypto wallet and browser extension allowing users to interact with decentralized applications (dApps). The other will handle Consensys’ work on Ethereum protocols and its infrastructure solutions for big businesses. This move aims to give both parts more dedicated focus. It helps MetaMask better serve its consumer base, while the institutional arm can concentrate on enterprise-grade blockchain development and services for financial firms.
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