Get a detailed introduction to MetaMask Institutional Solutions (MMI)

#What is MetaMask Institutional (MMI), an institutional-grade wallet solution provider? In the future, the wallet and service (WaaS) market will gradually mature and the importance of compliance will increase, which will become the core competitive advantage in this field.

MetaMask Institutional Introduction

MetaMask Institutional is an institution-oriented service launched by Consensys Codefi in 2021. It focuses on providing customized encryption wallets and fund management services for enterprises. The goal of this service is to help traditional institutions better enter the Web3 industry and provide convenient channels and tools.

Customized functions include permission management, multi-signature, multi-token operations, report forms, real-time monitoring, asset snapshots, etc. to meet institutional needs.

Wallet account permission function

Multi-token transfer function

In addition to the above functions, MetaMask Institutional also integrates other service providers in the industry, such as Fireblocks, MPC Vault, Blockaid, Hex Trust and other products.

MetaMask Institutional recent updates

Snapshot function

Last week, MetaMask Institutional updated its snapshot function, which will bring:

1. More Customized view of asset valuation forms.

2. Integrate multiple assets into portfolio management reports, including NFT and cross-wallet assets, and can download CSV.

Snaps

MetaMask Institutional has also imported the Snaps function in November, allowing third-party developers to create custom functions and providing institutions with more flexible options.

The WaaS market is gradually maturing

In addition to MetaMask Institutional, wallet as a service providers (Wallet as a Service, WaaS) as well as Coinbase Wallet Service, Trust Wallet, and Circle have already provided similar services, providing traditional enterprise wallet OEM services. It is obvious that the industry has long recognized the needs of traditional institutions for encrypted wallets and asset management, and the services provided have also become mature.

However, when the market matures, the requirements for compliance will increase.

In addition to providing technology and ecology, WaaS has also been an important value proposition in this field in recent years. This is why most WaaS companies are companies such as Consensys, Coinbase, Circle, etc. that are positioned with compliance as their positioning. Has an extended advantage over other competitors.

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