Consensys splits MetaMask into an independent company, but has not yet disclosed its IPO and coin issuance plans

Consensys will split its consumer business MetaMask into an independent company, focusing on wallet and consumer finance services, while retaining the Consensys name for protocol and institutional businesses. Joe Lubin serves as CEO of MetaMask and Executive Chairman of Consensys, while Mike Kriak leads Consensys. Joe Lubin stated that MetaMask's consumer business value growth rate is higher than other businesses. At present, the two companies have not provided an IPO schedule or MetaMask coin issuance plan. (Source: Wealth)