MetaMask-Inst

Changelog

Since launch in February 2021, MetaMask Institutional’s goal has been to bridge all organizations into DeFi and Web3. Each month, the developers behind MMI ship features large and small to improve the investor experience, and further facilitate organizational engagement in the ecosystem.

This is a log of their accomplishments and the impact they will bring to MMI users.

NOVEMBER 2022

Safe and Liminal go live on MMI. And updates to our extension infrastructure and custodian integration documentation.

  • With both Safe and Liminal going live on MMI, organizations gain access to a wider range of key management options.
  • We’ve scaled MMI’s infrastructure to cater to hundreds of thousands of organisations by deploying an update to our Webhooks mechanism and launching a new Websocket API.
  • For increased security, many digital asset custodians choose to employ frequent authentication mechanisms between themselves and the organizations they serve. Organizations therefore often need to authenticate in order to retain connection with their custodian. We have simplified this process to the click of a button to minimize disruption to the user experience.
  • We’ve updated our custodian integration documentation with guides, videos, sample code, and gifs to reduce the engineering hours required to integrate.
Changelog Safe Liminal Refresh Token
OCTOBER 2022

Floating Point Group live on MMI

As of this month, 6 out of our 11 custodian partners are live on MetaMask Institutional.

Changelog FPG
SEPTEMBER 2022

Announcement of 3rd set of custodian integrations bringing total partners to eleven

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

Custodians

Other product updates in September 2022

  • Addition of currency settings to allow the valuation and display of portfolio values and holdings in 46 different currencies
  • Addition of dust token filtering to allow users to hide or display their small fungible and non-fungible tokens in their portfolios
Currency Filter
  • Addition of improved charting including candlestick and OHLC (Open, High, Low, Close) charts to allow users to choose how to view their data
Improved Charting
AUGUST 2022

Updates to Portfolio Dashboard reporting and UI

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
JULY 2022

Launch of new reporting features including Snapshots and Transaction Notes

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

Launch of new reporting features including Snapshots and Transaction Notes
JUNE 2022

Improvement of charts for faster rendering, and addition of sector and protocol allocation

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

Improvement of charts for faster rendering, and addition of sector and protocol allocation
JUNE 2022

Addition of network filtering to within the Portfolio Dashboard

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

Addition of network filtering to within the Portfolio Dashboard
Q2.2022

“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

JUNE 2022

Launch of NFT tracking functions within Portfolio Dashboard

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

Launch of NFT tracking functions within Portfolio Dashboard
MAY 2022

Redesign of our custodial connection and compliance pages

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

Redesign of our custodial connection and compliance pages
MAY 2022

Addition of account filtering functionality in the Portfolio Dashboard

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

Addition of account filtering functionality in the Portfolio Dashboard
APRIL 2022

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.

Integration of Gnosis Safe, GK8, Hex Trust, Parfin custodians
Q1.2022

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
FEBRUARY 2022

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

Launch of the MMI Portfolio Dashboard
JANUARY 2022

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.

YEAR-END 2021

“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.

AUGUST 2021

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.

FEBRUARY 2021

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.