Consensys has announced the acquisition of Web3Auth, a developer of infrastructure for embedded crypto wallets. The deal aims to modernize the registration and account recovery process in MetaMask. Instead of traditional seed phrases, users will be able to use familiar Web2 methods — login via social networks, devices, and multi-factor authentication.
The Problem of Irrecoverable Access Loss
According to Consensys, around 35% of users fail to store their seed phrases, putting access to their funds at risk. The integration of Web3Auth is designed to eliminate this vulnerability: wallets will be recoverable through trusted authentication methods, without relying on manually stored private information.
The deal provides access to the SDK and key management infrastructure for integration into Web3 applications. According to the announcement, developers will be able to more quickly implement embedded wallets with support for MetaMask, Infura , and the Delegation Toolkit. This simplifies user onboarding and expands customization tools for interfaces.
Consensys stated that the acquisition will accelerate support for non-EVM networks, including Solana and Bitcoin. In the future, this will enable full cross-chain transactions through MetaMask.
No Gas or Confirmations
The statement notes that combining Web3Auth technology with the MetaMask Delegation Toolkit will allow users to interact with Web3 without confirmations or gas fees. Embedded wallets will operate in the background, and connections to other applications will occur automatically.
Infrastructure Integration for Developers Already Underway
In the first phase, Consensys is implementing integrations between:
- Web3Auth and MetaMask Delegation Toolkit,
- Web3Auth and Infura via JSON RPC,
- Developer dashboards for MetaMask and Web3Auth.
The next step will be the rollout of multi-factor authentication for the desktop and mobile versions of MetaMask.
Focus on Asian Markets
It is also worth noting that Web3Auth holds strong positions in Asian countries — a region experiencing rapid growth in Web3 adoption. This will strengthen MetaMask's global presence and ensure support in new markets.
Stakeholder Reactions
Consensys CEO Joseph Lubin stated that acquiring Web3Auth reflects the company’s commitment to simplifying Web3 onboarding and removing barriers related to security and complex access procedures.
Web3Auth CEO Zhen Yu Yong added that his team will now be able to scale wallet infrastructure across millions of MetaMask users.
MetaMask co-founder Dan Finlay emphasized that the future lies in embedded wallets — invisible in the interface but available when needed. According to him, the collaboration with Web3Auth will strike the perfect balance between transparency and convenience.
The acquisition of Web3Auth continues Consensys’ strategy of strengthening MetaMask’s security and functionality. The company previously acquired Wallet Guard, HAL, Special Mechanisms Group (SMG), and MyCrypto.
Read Also:
- MetaMask To Add Support for Bitcoin and Solana — What Will Change for Users?
- MetaMask Again Discusses Possibility of Launching $MASK Token
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