Co-founder of MetaMask did not rule out the launch of a native coin

The team behind the Web3 wallet MetaMask is still considering the possibility of launching a native coin, confirmed co-founder Dan Finley in an interview with The Block.

🚨LIVE NOW@MetaMask Сооснователь @danfinlay о будущем криптокошельков

— The Block (@TheBlock__) May 14, 2025

He emphasized that the decision will be announced exclusively within the application — without newsletters and posts on social media. This will minimize the risks of fraud.

Finley linked a possible launch to changes in the regulatory environment. In his opinion, under the administration of US President Donald Trump, there will be “more safe options for issuing coins.”

He emphasized that the securities laws remain in effect and many projects are still operating in a “grey area”.

The idea of the token has been discussed since 2021. At that time, Consensys CEO Joseph Lubin confirmed plans for “progressive decentralization” through a DAO and the MASK coin.

Andrew, ConsenSys has thousands of coins on our balance sheet. ConsenSys is vigorously controlled by its employees, which includes me. And we are driving towards decentralization of several of our projects. Wen $MASK? Stay tuned. Wen objective journalism, ser?

— Joseph Lubin (@ethereumJoseph) November 8, 2021

MetaMask is the largest crypto wallet with 30 million active users per month as of 2024 (. According to Finley, around 500 employees are involved in the project.

He added that over the past year, the MetaMask team has implemented several UX improvements in the face of competition from Rainbow and Rabby.

“We realize that competition is fierce in the decentralized space,” concluded Finley.

Recall that in February 2025, the developers of MetaMask presented a roadmap in which they announced direct support for bitcoin and Solana.