MetaMask denies MASK token as Coinbase-backed DEX lists speculative pre-markets

cryptonews.net 03/03/2025 - 19:15 PM

MetaMask Denies Existence of MASK Token

MetaMask, a popular crypto wallet for the Ethereum network, has denied the existence of a MASK token following a listing on LogX, a Coinbase-backed decentralized exchange.

> Note from MetaMask:
>
> Please be aware that projects indicating trading, or pre-market trading, of a MetaMask token are unaffiliated with Consensys.
> There is no MetaMask token.
> These advertisements and promotions are for speculative platforms unrelated to Consensys and without our involvement or…
> — MetaMask.eth 🦊 (@MetaMask) March 3, 2025

This denial came after LogX announced the launch of MASK pre-markets on its platform.

> LogX Announcement:
> $MASK ( @MetaMask ) Pre-Markets are LIVE on LogX 🦊
> Degens must speculate. Read Disclaimer👇🏻
> — LogX 🪵 (@LogX_trade) March 3, 2025

LogX, which provides perpetual futures, options, and spot trading, added a disclaimer stating that “markets on LogX are not officially endorsed by project teams and may not reflect the market’s expectations of a token’s launch value.”

This situation follows last week’s agreement by the SEC to drop its enforcement case against ConsenSys’s MetaMask wallet tool, pending commissioner approval.
> “No company wants to be the target of agency enforcement, but at the same time, it was our duty and honor to stand up for blockchain software developers in the hour it was most needed,” stated Joe Lubin, CEO of ConsenSys.

Although MetaMask’s parent company ConsenSys confirmed plans for a token in March 2022, no specific timeline has yet been provided for its launch.





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