'MASK token is coming': Consensys CEO confirms launch

• MetaMask MASK Token Set for Launch Soon
• Consensys Reinforces Decentralization in the Ethereum Ecosystem
• SharpLink accumulates more than 836 thousand ETH in treasury

Consensys CEO Joseph Lubin confirmed that MetaMask will soon launch its native MASK token, surprising some in the community who had been awaiting the announcement for years. During an interview with "The Crypto Beat" podcast, Lubin stated: "The MASK token is coming—it could be sooner than you think." He emphasized that the initiative is directly linked to the advancement of decentralization in core areas of the platform.

Lubin emphasized that Consensys has been using MetaMask, Infura, and Linea as pillars to ensure that decentralization remains the foundation of the Ethereum ecosystem. Since 2021, users have been speculating about a possible token for Ethereum's most popular wallet, following statements by company engineers suggesting a community ownership model.

In May, Dan Finlay, co-founder of MetaMask, stated that if it were to launch, communication would occur directly within the app:

“You might find a link directly in the wallet.” Although I then treated the possibility as a “maybe,”

Lubin's most recent statements confirm the proximity of the launch.

Consensys' recent track record reinforces this expectation. Layer 2 Linea distributed over 9,36 billion LINEA tokens in its initial event, reserving only 15% for the company itself and allocating the remainder to builders, liquidity, and community incentives. Lubin emphasized that the MASK distribution will follow the same logic of strengthening the ecosystem.

In addition to the announcement, Lubin also addressed the situation at SharpLink Gaming, the Ethereum treasury company he chairs. The mNAV ratio fell to 0,80x, raising investor concerns. Still, he argued that this movement is "cyclical" and that Ether's appreciation tends to restore confidence. "When we see the price of Ether soar, we see that reflected in SharpLink," he stated.

SharpLink CEO Joseph Chalom added that the ETH per share metric has nearly doubled since June, reaching 3,95. The company currently holds approximately 836.710 ETH, solidifying its position as the second-largest corporate holder of the asset. The company's shares closed the last session up 0,58% at $17,22.