“The MASK token is on its way — maybe sooner than most expect. […] It will play a key role in further decentralizing certain aspects of the MetaMask platform,” Lubin said during The Crypto Beat podcast by The Block.
He underlined that ConsenSys continues to back Ethereum’s decentralization by integrating MetaMask, Infura, and Linea at the core of its ecosystem.
The community has been anticipating a MetaMask token for years, with early ideas surfacing in 2021 when developer Eric Marks proposed a model of “public ownership” through a native asset.
🚨LIVE NOW@MetaMask Co-Founder @danfinlay on the future of crypto walletshttps://t.co/TQ57FlQTj3
— The Block (@TheBlock__) May 14, 2025
Earlier this year, project co-founder Dan Finlay stated that if a token launch took place, the announcement would appear exclusively inside the wallet itself — not via emails or social media posts — to limit fraud attempts.
“Users will be able to find the link directly within the app,” Finlay stressed.
While Finlay had previously suggested the launch wasn’t confirmed, Lubin’s recent remarks indicate the rollout plan is already finalized and approaching execution.
“This token opens up the chance to achieve some fairly significant things,” Lubin added.
Just weeks ago, Linea — a Layer 2 network developed under ConsenSys — launched its own native token, distributing over 9.36 billion LINEA during the TGE. Lubin noted that only 15% went to the company, while the majority supported developers, liquidity, and growth across Linea and Ethereum.
Lubin on SharpLink
Lubin also addressed SharpLink Gaming, an Ethereum-focused firm where he chairs the board.
The company’s market net asset value (mNAV) ratio recently dropped below 1, signaling shares now trade at a discount compared to their ETH holdings.
Other treasury-style firms, including The Ether Machine and ETHZilla Foundation, show similar patterns. Analysts warn that such discounts risk undermining investor confidence and sparking concerns about a “death spiral,” where stock prices collapse, making capital raising increasingly difficult.
“Markets are cyclical. […] When Ethereum’s price climbs back to historical highs, we’ll see it reflected in SharpLink as speculative sentiment returns,” Lubin explained.
SharpLink executive Joseph Chalom added that the mNAV dip is a short-term anomaly:
“ETH as a base asset can be staked for yields above three percent. That income represents revenue, and for a public company, this should eventually act as a multiplier,” he said.
Earlier, FORECK.INFO reported on the launch of MetaMask’s native stablecoin mUSD on Ethereum and Linea, marking a key step in the wallet’s ecosystem expansion.