Joseph Lubin, co-founder of Ethereum and CEO of Consensys, has confirmed that a native token for the MetaMask wallet is in advanced development stages and could launch "sooner than you would expect." In a recent interview with The Block, Lubin stated "the Mask token is coming," delivering the strongest official confirmation to date about the long-anticipated token launch.
The MASK token is expected to serve multiple functions including governance rights, user rewards programs, and enhancing MetaMask's decentralization strategy. With tens of millions of active users, MetaMask functions as a primary gateway to decentralized applications, DeFi, and Web3 services, giving the token significant potential for widespread adoption. The token would allow users to vote on product roadmaps, upcoming features, and participate in community-driven decision-making.
This development follows MetaMask's August 2025 announcement of its native stablecoin, mUSD, highlighting Consensys' strategy to expand MetaMask beyond a wallet into a full-featured Web3 ecosystem tool. While no official launch date, tokenomics, or distribution details have been provided, industry experts anticipate a staggered release with governance or rewards functionality arriving first.
Regulatory considerations remain a significant factor, particularly in regions with stricter stances on token launches. Consensys has warned users to be cautious of fraudulent websites and phishing campaigns during this period of heightened speculation, emphasizing that any official announcements will only be made through the MetaMask wallet interface itself.