Consensys Acquires Web3Auth to Improve MetaMask User Experience

Consensys, a prominent player in the Ethereum and Web3 space headquartered in the US, has announced the acquisition of Web3Auth, a Singapore-based firm specializing in key management and wallet infrastructure. This strategic move aims to enhance MetaMask wallet functionalities and streamline user experiences for increased accessibility and broader adoption of Ethereum. financial terms remain undisclosed, with no immediate market reactions reported.