Consensys Acquires Web3Auth to Enhance MetaMask Features

Consensys has acquired Web3Auth, a key player in blockchain authentication, to significantly enhance MetaMask’s functionalities and user experience. This strategic move aims to simplify the onboarding process for crypto users seeking secure access to their assets like Bitcoin, Ethereum, and Solana. By leveraging Web3Auth’s expertise in key management infrastructure, Consensys seeks to address user pain points related to security and ease of use. The integration will improve device-based login methods for a smoother wallet recovery experience. This move aligns with Consensys’ vision of mainstream crypto adoption by expanding MetaMask’s reach and user base across diverse blockchain ecosystems.