Changelog

With the newest four custodians, MMI expands its geographical footprint with Cobo, Liminal and Propine in Asia and MENA, and FPG in the US.

The Portfolio Dashboard now provides consolidated reporting across 13 EVM chains:

1. Avalanche
2. Arbitrum
3. Aurora
4. BSC
5. Celo
6. Cronos
7. Ethereum Mainnet
8. Fantom
9. Heco
10. Moonbeam
11. Moonriver
12. Optimism
13. Polygon

MMI introduces Snapshots and Transaction Notes to help organizations save time, decrease the likelihood of error, and make monitoring and reporting easier.

These changes enable MMI users to see an asset allocation breakdown of their portfolio.

Users are now able to filter their portfolios by different networks.

“The second quarter of 2022 was a profound period for MMI. Despite crypto markets falling 60% on average, we continued to grow double digits week-on-week throughout the period. In this quarter, we announced our next set of custodian partners; attended the Paris Blockchain Summit, Crypto Bahamas, Permissionless, Consensus, Battlefin, NFT.NYC and ETH NYC; and won a Hedgeweek award. We ran our first Twitter space and spoke on several different podcasts. We also held the first MMI Offsite. Most importantly and fundamentally, we shipped meaningful features with great user experiences to solve the most salient needs for our user. Hence, this update reflects all the incredible work of the entire MMI team.” —Johann Bornman, Global Product Lead for MetaMask Institutional

The NFT feature on the MMI Portfolio Dashboard enables organizations to view detailed metrics for NFTs held across different custodians, accounts, and marketplaces.

The changes incorporate sleeker design and create a smoother user experience.

Users are now able to filter their portfolios by different accounts and strategies.

MMI partnerships with self-custody solution Gnosis Safe and GK8 and custodians like Hex Trust and Parfin positions the decentralized finance (DeFi) wallet as the primary Web3 gateway for organizations worldwide, with unrivaled access to DeFi in many jurisdictions with different key management requirements. With seven integrated custodians to date, MMI has now expanded its offering to best accommodate the specific custody requirements of DAOs, expanding its offering beyond crypto funds and traditional finance (TradFi) to more crypto native institutions.

Over the quarter the MMI product team delivered on three key initiatives; All with the aim to increase the number of bridges and fortify them with institutional features.

1. Unrivaled EVM access and bridging for custodial accounts
2. Standardized custodian integration architecture
3. The Portfolio Dashboard

The MMI DeFi and Web3 portfolio dashboard is an expanded investor interface that provides a holistic overview of an organization’s portfolio, portfolio performance, individual assets, and historical transactions.

“The Portfolio Dashboard is an institutional canvas created by the MMI team. It allows us to solve the most important needs for organisations, build a rich and tailored product and user experience, and rapidly innovate within DeFi and Web3 ”—Johann Bornman, Product Lead of MetaMask Institutional

MMI launches custodian account multi-chain capabilities. This brings four important benefits to the crypto funds, trading desks, market makers, and other organizations working with MMI:

1. Custodial accounts on MMI, similar to those on the original MetaMask wallet, are now available across EVM networks. Hello sidechains and L2s!
2. We’ve made it easier for our custodian and custody tech provider partners to roll out access to more EVM chains.
3. As our custodian partners roll out more EVM chain support, users will automatically gain access to accounts on these chains.
4. The above changes enable the bridging of assets across chains.

There it is: Web3 access and bridging across multiple EVM chains.

“MetaMask Institutional works with crypto funds, market makers, prime brokers, hedge funds and custodians across the globe. Given the sophisticated needs of our users, we think deeply about the entire transaction-flow process for crypto institutions—from onramps, custody, research and pre-trade compliance, to execution, yield, analytics, monitoring and reporting—a capital allocation stack mental model if you will.

Within this capital allocation stack, we focus on two core principles: First, partnering with world-class businesses to address our users’ needs; and second, where we at ConsenSys, can provide unique value to our users and partners.” —Johann Bornman, Global Product Lead of MMI

This is a review of the steps we’ve taken in each quarter of 2021 across this capital allocation stack.

MMI partners with custodians BitGo, Qredo, and Cactus Custody™ to provide small and large organizations with access to DeFi that fulfills institution-required security, operational efficiency, and compliance needs.

ConsenSys forms the Cryptoeconomic Research team—a formation of experts generating analysis and content focusing on token engineering, DAO and Web3 participation, and on-chain investment strategy.

MetaMask Institutional is launched as the institution-compliant version of the world’s most trusted DeFi wallet, MetaMask. MMI becomes the DeFi wallet and Web3 gateway for cryptofunds, market makers, and trading desks—offering unrivaled access to the DeFi ecosystem with institution-required security, operational efficiency, and compliance. MMI enables funds to trade, stake, borrow, lend, invest, bridge assets, and interact with over 17,000 DeFi protocols and applications.