Consensys CEO Confirms Imminent MetaMask Token Launch

Consensys CEO and Ethereum co-founder Joe Lubin has confirmed that MetaMask, the widely used self-custodial crypto wallet, will launch its native token, possibly called MASK, sooner than expected. The MASK token is closely tied to decentralizing aspects of the MetaMask platform and is expected to reward early and active users, with promotion planned directly inside the wallet to ensure user safety amidst a favorable regulatory environment. This token launch complements recent MetaMask developments such as the introduction of MetaMask USD (mUSD), a wallet-native stablecoin designed to facilitate crypto adoption and integrated with the Layer-2 Linea network, which uses zero-knowledge Ethereum Virtual Machine technology for improved scalability and security. With over 30 million monthly active users, MetaMask's token could quickly reach a large audience and integrate with Consensys's broader ecosystem, including Linea and other protocols, to enable governance, staking, and rewards. The rollout is expected to be phased and carefully managed to avoid scams, reflecting a broader industry trend of wallet providers issuing native tokens to enhance user participation and ecosystem growth. Overall, the launch represents a significant step in MetaMask's evolution as a gateway to decentralized applications and blockchain innovation.