Does "Little Fox" issue coin? MetaMask co-founder admits: still considering

The news about the well-known Ethereum wallet MetaMask (the little fox) issuing its native Token has been circulating for a long time. Now, co-founder Dan Finlay has finally responded, but he has always been reserved, stating that "it is still under consideration," and with a hint of a smile said, "Maybe."

Dan Finlay stated during an interview with The Block on Wednesday that if MetaMask really launches a coin issuance plan in the future, "it will be announced externally through the official channels within the wallet, and users will be able to find relevant information and links directly in the wallet at that time." He emphasized:

We will not notify you through any social media accounts, SMS, or send emails — we do not have your phone number or email address at all. All information will be released through the official Wallet or official website.

Although the token issuance plan has not been finalized yet, Dan Finlay also realizes that under the leadership of the Trump administration, with the U.S. regulatory environment shifting towards a more lenient stance, it is expected that more types of tokens will emerge. He stated:

I hope everyone can seize this opportunity to break boundaries and explore more possibilities for the overall industry. Perhaps, this is the ignition point for the next wave of excitement.

The rumors of MetaMask launching a native Token have emerged as early as 2021 within the developer community. At that time, engineer Erik Marks proposed the idea of achieving community governance through Token issuance; by the end of that year, Joseph Lubin, CEO of MetaMask's parent company ConsenSys, posted "Wen $MASK?" on X (formerly Twitter), sparking heated discussions in the market.

Cryptocurrency regulation is still in a gray area

Even if the regulatory environment may loosen, Dan Finlay remains cautious. He admitted that former SEC Chairman Gary Gensler has repeatedly emphasized that the issuance of most Tokens is essentially comparable to that of securities, so regardless of how the atmosphere changes, "the securities law is still the securities law."

He pointed out that many projects are still operating in a "gray area" and that the issuance of tokens must consider legal risks.

Facing new competitors, MetaMask actively upgrades user experience

As the world's largest cryptocurrency Wallet, MetaMask has over 30 million monthly active users.

Dan Finlay mentioned that over the past year, the MetaMask team has continuously optimized the user experience (UX) to meet the challenges posed by emerging competitors like Rainbow and Rabby. He admitted that:

We are in a market that does not require permission and is open to competition, and we also realize that the competition will be very intense.

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