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Consensys splits MetaMask from institutional and Ethereum infrastructure businesses

MonitoringCryptoOtherFirst tracked 2026-09-09Last changed 2026-09-09

Current outcome

Consensys is splitting into two: the existing entity will be renamed MetaMask under Joe Lubin as Chairman and CEO; the new Consensys will focus on Ethereum protocols and institutional infrastructure, led by CEO Mike Kriak, President David Cunningham, and Executive Chairman Joe Lubin. Completion expected by end of 2026.

Progress timeline

3 material updates
  1. #01
    Initial2026-09-09 14:54 · publication time

    Consensys splits MetaMask from institutional and Ethereum infrastructure businesses

    Consensys is splitting MetaMask from its institutional and Ethereum infrastructure businesses, with the existing entity rebranding as MetaMask under CEO Joe Lubin by end of 2026.

    Source evidence: The Block · CoinDesk

  2. #02
    Confirmation2026-09-09 15:00 · publication time

    Consensys Software Inc. Splits In Two, Rebrands As MetaMask

    The story clarifies the split structure: the wallet business remains in the existing entity which renames to MetaMask with Joe Lubin as CEO; institutional business and Ethereum infrastructure (including Linea, Besu) move to a newly formed company retaining the Consensys name.

    State after update: Consensys is splitting into two: the wallet business remains in the existing entity which renames to MetaMask with Joe Lubin as CEO; institutional and Ethereum infrastructure businesses (including Linea and Besu) will move to a new company retaining the Consensys name. Completion expected by end of 2026.

    Source evidence: The Defiant

  3. #03
    Confirmation2026-09-09 15:07 · publication time

    Consensys Is Splitting in Two as MetaMask Goes Its Own Way

    The new Consensys leadership is set: Mike Kriak as CEO, David Cunningham as President, and Joe Lubin as Executive Chairman; additionally, Joe Lubin serves as both Chairman and CEO of MetaMask.

    State after update: Consensys is splitting into two: the existing entity will be renamed MetaMask under Joe Lubin as Chairman and CEO; the new Consensys will focus on Ethereum protocols and institutional infrastructure, led by CEO Mike Kriak, President David Cunningham, and Executive Chairman Joe Lubin. Completion expected by end of 2026.

    Source evidence: Decrypt · Cointelegraph

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