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MetaMask to release institutional version of Ethereum wallet

MetaMask to release institutional version of Ethereum wallet

The Ethereum company ConsenSys announced an imminent release of an institutional version of the popular MetaMask wallet.

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A new offering from @metamask_io will provide cryptocurrency funds, custodians, and professional traders with institutional-grade features and controls for connecting to #DeFi. Our first launch partner is @curvmpc https://t.co/IZDGudaoyJ

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— ConsenSys (@Consensys) December 10, 2020

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The new product version is aimed at trading firms and custodians, who will be offered \”institutional-grade features\”.

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\”Users will be able to deposit, exchange and borrow tokens, and also invest in Ethereum applications. The same familiar MetaMask interface will be in use, but with security and reporting options necessary for a professional DeFi service,\” the press release says.

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One of the first to use the new options will be Curv, a firm building its own DeFi product. The company’s clients include the well-known investment platform eToro.

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Earlier ForkLog reported on the MetaMask interface built into the platform, unifying several decentralized exchanges and aggregators.

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In October, the number of active MetaMask users surpassed 1 million.

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