TREE NEWS update: Consensys is splitting into two companies, with Joe Lubin taking over as head of MetaMask while its protocol and institutional infrastructure work — including Linea and Besu — moves into a newly formed company that keeps the Consensys name. The company behind much of Ethereum’s tooling will continue operating as MetaMask under Lubin.
Lubin to Run MetaMask as Consensys Splits Into Two Companies
This is a structural separation of Ethereum's most-used wallet from the infrastructure layer that has historically funded and shaped it. Putting Lubin directly atop MetaMask signals the wallet is now the center of gravity, while Linea and Besu sit in a vehicle whose relationship to the wallet brand is no longer internal. The open question is whether the two entities stay aligned on standards and incentives, or drift as separate businesses with separate priorities.
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