Consensys CEO Confirms MetaMask Token Launch is Imminent

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Ethereum co-founder and Consensys CEO Joseph Lubin has announced that a native token for the popular MetaMask wallet is in the pipeline and could arrive “sooner than you would expect.”

During an appearance on The Block’s “The Crypto Beat” podcast, Lubin stated, “The MASK token is coming… And it is significantly related to the decentralization of certain aspects of the MetaMask platform.” He framed the move as part of Consensys’s broader strategy to champion “rigorous” decentralization across the Ethereum ecosystem through its products like MetaMask, Infura, and Linea.

The confirmation ends years of speculation within the crypto community about whether the leading Ethereum wallet would launch its own token. The idea was first publicly suggested by a MetaMask engineer in 2021 as a path to “community ownership” of the wallet.

While co-founder Dan Finlay previously called the token a “maybe” in a May interview, he noted that if it launched, it would be advertised directly within the wallet interface. Lubin’s latest comments signal that the plan is now concrete and in its final stages.