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Consensys has acquired wallet infrastructure provider Web3Auth in an undisclosed deal to enhance MetaMask’s user experience and security, particularly around seed phrase management
The MetaMask integration of Web3Auth plans to be implemented gradually, beginning with developer-focused tools and embedded wallet functionality, with complete feature deployment expected by the end of august 2025
MetaMask will accelerate its integration of non-EVM blockchains such as Solana and Bitcoin following the acquisition of Web3Auth, which also enables geographic expansion into Asia through Web3Auth’s regional foothold
Web3Auth, founded in 2019 and formerly known as Torus, lets MetaMask users create and recover wallets via Web2 methods like Google, X or Discord logins; addressing the 35% who don’t back up seed phrases and improving onboarding
Dan Finlay, co-founder of MetaMask, emphasised that the acquisition will smooth the adoption ramp by enabling familiar backup experiences for new users, making self-custody wallets less intimidating for those unfamiliar with crypto

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