Joseph Lubin, CEO of Consensys and co-founder of Ethereum, has officially confirmed that the cryptocurrency wallet MetaMask is in the final stages of preparing to launch its own MASK token. He shared this during an interview on The Crypto Beat podcast.
This is reported by Finway
“The MASK token will be coming soon — perhaps sooner than you currently expect,” Lubin said.
MASK: The Path to MetaMask Decentralization
According to Lubin, the launch of the token will be an important milestone in the process of decentralizing key elements of MetaMask. Discussions about creating a native asset for MetaMask have been ongoing since 2021, when engineer Eric Marks first proposed a “community ownership” model that involves transferring some control of the service to the community through the issuance of a token.
In May 2025, MetaMask co-founder Dan Finley emphasized that users would be able to find links to obtain tokens directly in the wallet if a decision to launch is made. Although a final decision had not yet been reached at that time, Lubin’s recent comments suggest that the launch of MASK already has defined plans and timelines for implementation.
Lessons from Linea and Next Steps for MetaMask
The Linea project, which is also part of the Consensys ecosystem, serves as an example for the upcoming MASK launch. During the token generation for Linea, the company distributed over 9.36 billion LINEA tokens, retaining only 15% of the assets for itself. The remainder was directed towards supporting developers, ensuring liquidity, and fostering growth for both Linea and Ethereum.
“With the launch of the token, we gained the opportunity to do a few quite significant things,” Lubin emphasized, explaining that community development became a priority.
This approach is one that the company plans to apply during the launch of MASK, aiming to attract as many MetaMask users as possible and stimulate the growth of the entire Ethereum ecosystem. Consensys continues to pursue a course of “progressive decentralization” through its core products: MetaMask, Infura, and Linea.
Additionally, in August, MetaMask announced the launch of its own stablecoin, MetaMask USD (mUSD), and in September integrated this token into its application, indicating further development of the Consensys ecosystem platforms.