MetaMask Co-Founder Considers Launching Native Token

The team behind the Web3 wallet MetaMask is still contemplating the release of a native token, confirmed project co-founder Dan Finlay in an interview with The Block.

?LIVE NOW@MetaMask Co-Founder @danfinlay on the future of crypto walletshttps://t.co/TQ57FlQTj3

— The Block (@TheBlock__) May 14, 2025

He emphasized that any decision will be announced exclusively within the app—without emails or social media posts. This approach aims to minimize fraud risks.

Finlay linked the potential launch to changes in the regulatory environment. In his view, under the administration of U.S. President Donald Trump, there will be “more secure options for token issuance.”

However, he stressed that securities laws remain in effect, and many projects still operate in a “grey area.”

The idea of a token has been discussed since 2021. At that time, Consensys CEO Joseph Lubin confirmed plans for “progressive decentralization” through a DAO and the MASK token.

Andrew, ConsenSys has thousands of tokens on our balance sheet. ConsenSys is vigorously controlled by its employees, which includes me. And we are driving towards decentralization of several of our projects. Wen $MASK? Stay tuned. Wen objective journalism, ser?

— Joseph Lubin (@ethereumJoseph) November 8, 2021

MetaMask is the largest crypto wallet with 30 million active users per month (as of 2024). According to Finlay, around 500 employees are involved in the project.

He added that over the past year, the MetaMask team has implemented several UX improvements amid competition with Rainbow and Rabby.

“We recognize that competition in the decentralized space is fierce,” concluded Finlay.

In February 2025, MetaMask developers unveiled a roadmap that announced direct support for Bitcoin and Solana.