MetaMask Joins the Token Club: Consensys CEO Hints MASK Token Launch Is Imminent

Ethereum co-founder and Consensys CEO Joseph Lubin has confirmed that MetaMask, the widely used Ethereum wallet, will soon have its own native token.

The news comes after years of speculation in the crypto community, with Lubin hinting that the launch may arrive earlier than many expect.

Lubin confirms long-awaited token

Speaking on The Crypto Beat podcast hosted by The Block, Lubin stated, “The MASK token is coming — it may come sooner than you would expect right now. And it is significantly related to the decentralization of certain aspects of the MetaMask platform.”

Lubin explained that the move fits into Consensys’ broader strategy of progressive decentralization across its key projects, which include MetaMask, Infura, and Ethereum Layer 2 network Linea.

The company has been positioning these platforms as critical infrastructure for the Ethereum ecosystem, aiming to ensure they operate with community participation rather than centralized control.

The idea of a MetaMask token has been circulating since at least 2021, when developers floated the possibility of community ownership via token distribution.

In May, MetaMask co-founder Dan Finlay said that if a token were launched, it would be advertised directly inside the wallet to make it easily accessible to users.

Building on Linea’s token launch

Lubin’s comments follow closely on the heels of Consensys’ rollout of the LINEA token earlier this month. That launch distributed more than 9.36 billion tokens to eligible addresses in a token generation event designed to incentivize ecosystem growth.

Lubin noted that Consensys took a modest 15% stake, while the majority was allocated to builders, liquidity provision, and incentivized usage for Linea and Ethereum-based projects.

With MASK, a similar approach may be on the horizon. Lubin emphasized that tokenization is not just about governance but about creating incentives that align with the growth and decentralization of the ecosystem. “Progressive decentralization is at the heart of what we’re building,” he said.

While Consensys has not provided a specific timeline, the confirmation marks the clearest signal yet that the token is more than just an idea.

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