Public records and official statements show no completed acquisition of WalletConnect by Consensys. Searches across company announcements, regulatory filings, and industry databases as of October 19, 2026, return zero supporting documentation for a $450 million transaction.
Consensys has executed several wallet-related purchases in prior years. These include Web3Auth on June 2, 2025, Wallet Guard in July 2024, and MyCrypto in 2022. None of those deals involved WalletConnect or carried a reported price of $450 million.
Recent Consensys Corporate Developments
On September 9, 2026, Consensys announced plans to separate its consumer platform, MetaMask, into an independent entity. The protocols and institutional infrastructure business will retain the Consensys name. Completion is expected by year-end 2026, with Joe Lubin serving as chair and CEO of the MetaMask entity and Mike Kriak leading the remaining company.
Consensys also entered a partnership with ClearToken on October 8, 2026, to develop 24/7 tokenized settlement infrastructure. This work focuses on institutional clients rather than consumer wallet protocols.
WalletConnect Current Status
WalletConnect operates as an open protocol connecting over 700 wallets to decentralized applications across major blockchains. The developer entity rebranded to Reown in 2024, while a separate WalletConnect Foundation handles governance. The protocol launched its WCT token in November 2024 and introduced WalletConnect Pay for merchant payments, including a South Africa rollout in October 2026.
WalletConnect raised $13 million in a Series B round in January 2025. Node operators include several infrastructure providers, among them Consensys, but ownership remains independent.
Readers evaluating infrastructure partnerships should verify claims directly against company press releases and filings before making decisions. The $450 million figure aligns instead with Consensys's own 2022 Series D round, which supported MetaMask and Infura growth at a $7 billion post-money valuation.
Frequently asked questions
Did Consensys buy WalletConnect?
No verified reports or filings confirm any acquisition of WalletConnect by Consensys as of October 19, 2026.
What recent moves has Consensys made?
Consensys announced a corporate split in September 2026 separating MetaMask and entered a tokenized settlement partnership with ClearToken in October 2026.
Where does the $450 million figure come from?
It matches Consensys's 2022 Series D funding round, not any transaction involving WalletConnect.
What is WalletConnect's current structure?
WalletConnect runs as an open protocol with Reown as the main developer entity and a separate foundation for governance; it has not been acquired.
By YasTech Editorial
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