MetaMask Hints at Possible Native Token Launch Soon
The post MetaMask Hints at Possible Native Token Launch Soon appeared on BitcoinEthereumNews.com.
As of now, MetaMask has not made any concrete plans to introduce a native token, however, the idea is being considered. The wallet would serve as the official announcement hub for token launches. Regulatory changes may ease token issuance, per Finlay. The most popular Ethereum wallet, MetaMask, which boasts more than 30 million monthly active users, may be getting closer to issuing its native coin, co-founder Dan Finlay has said. Addressing long-standing gossip about a token in a recent interview, Finlay was on the side of careful optimism, “We are going to do this.” But no timeline. Token Launch Still Under Consideration When asked about a native MetaMask coin, Finlay responded with an enigmatic “maybe” when speaking on the “Crypto Beat” program by The Block. He stressed that any possible launch would be presented openly. That is, if it comes to pass, you will see it advertised right there in the wallet. There will be a clear connection there itself,” Finlay said. By this approach, users are to be safeguarded from fraudulent schemes that take advantage of rumors about the token launch. It was in 2021 when whispers of a MetaMask token, codenamed MASK, began to circulate. Additionally same year, MetaMask’s parent company, ConsenSys, started experimenting with community-driven governance based on tokens.Speculation was furthered by a tweet from ConsenSys CEO Joseph Lubin who questioned “Wen $MASK?” In 2022, Lubin said the aim was to encourage “gradual decentralization” in ConsenSys projects, with a decentralized autonomous organization (DAO) to distribute funds, not rule. No concrete plans have emerged, but a changing regulatory environment could provide opportunities, Finlay indicated. “With a more permissive administration, there’s room for safer token launches,” he said, his reference to a new U.S. leadership. However, he warned that securities laws are a barrier, in that many token offerings…
Filed under: News - @ May 15, 2025 11:22 pm