Consensys control of MetaMask and Infura

This makes Consensys less like a single crypto app and more like a control point for Ethereum activity. MetaMask sits at the user entry point, where people connect wallets, swap tokens, and approve transactions. Infura sits at the developer entry point, where apps read blockchain data and send transactions without running their own nodes. Together, those products let Consensys see both what users are doing and what builders are shipping, earlier than most rivals can.

• MetaMask has been the default wallet across DeFi for years, with around 30 million monthly active users in 2024, and earlier research described it as the main way roughly 21 million users accessed about 3,700 web3 apps in 2021. That gives Consensys a wide view of which apps win distribution at the wallet layer.
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• Infura is the plumbing behind many Ethereum apps. It reached 430,000 developers and more than $1T in annualized transaction volume by April 2022, and its 2020 outage disrupted withdrawals at exchanges like Binance and Bithumb. When a node provider is that embedded, it can see demand forming before it shows up in consumer metrics.
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• The closest comparables, Alchemy and QuickNode, compete for the same developer traffic, but QuickNode described switching costs among providers as low and framed Infura as especially deep on Ethereum. Consensys is different because it also owns the wallet surface, so it can turn infrastructure insight into product launches like Linea support, swaps, cards, and new in wallet features.
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The next step is turning that ecosystem visibility into faster product incubation and tighter distribution. As more activity moves to rollups, stablecoin payments, and wallet native trading, the company that controls both the wallet screen and the RPC layer can spot new usage patterns early, package them into new products, and push them into the market with built in reach.