On September 9, 2026, Consensys Software Inc. (CSI) said it will separate into two independently operated companies, with completion expected by the end of 2026.
CSI will keep operating as the same legal entity and rebrand as MetaMask. Joe Lubin will serve as chairman and CEO of MetaMask. MetaMask stays focused on consumer self-custody and is expanding the platform toward payments, savings, investing, and traditional financial products. Company figures cited in the announcement: more than 100 million downloads across roughly 190 countries, and trillions of dollars in cumulative transaction volume facilitated through the platform.
CSI’s protocols group and institutional blockchain infrastructure business will become a newly formed company that keeps the Consensys name. That entity will be led by CEO Mike Kriak and President David Cunningham, with Lubin as executive chairman. It retains Ethereum protocol and enterprise infrastructure work including Linea, Besu, and Teku, and will focus on helping financial institutions with tokenization, stablecoins, and onchain financial services.
The company framed the split as a response to different operating needs for consumer self-custody versus institutional production deployments. Multi-outlet same-day coverage matched the core structure of the Fort Worth press release.
Consensys press release Sep 9, 2026; Cointelegraph