MetaMask releases a new version of the wallet that opens the door to institutional investors.
ConsenSys, the leading Ethereum software company, has announced a new institutional version of the most popular Ethereum wallet, MetaMask. This version is intended to provide crypto funds, administrators and professional traders with institutional-level functionality and control, also connectivity to decentralized finance (DeFi) protocols and applications.
Undoubtedly, this is a big step in adapting cryptocurrencies at the institutional level. MetaMask as the most popular ETH wallet, and the Web3 browser registers more than a million active users per month.
One of ConsenSys’ first partners is Curv, which announced Curv DeFi, an enterprise-grade decentralized finance (DeFi) solution for institutions. Curv will integrate MetaMask with Curv’s digital asset security infrastructure.
MetaMask is the premier non-custodial experience for interacting with DeFi applications. We are excited to partner alongside technology leaders like Curv to build institutional-grade operations and compliance that traders need in order to really start growing their participation in DeFi,
Patrick Berarducci, Global Fintech Co-Head, ConsenSys
Already in October, MetaMask reported an increase of 400% per month in active users in less than a year, as well as reaching 1 million. The company acknowledges that it experienced the biggest interest after launching a mobile application on September 3.
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