Consensys to split into MetaMask and institutional blockchain company

Consensys Software Inc. will separate into two independent companies by end of 2026. MetaMask's consumer business will focus on payments, savings and traditional financial products, while the new Consensys will house protocols like Linea, Besu and Teku, serving institutional blockchain infrastructure. Joe Lubin leads MetaMask; Mike Kriak heads new Consensys.

The restructuring reflects increasingly different priorities for its consumer and institutional businesses.