MetaMask is arguably one of the most well-known self-custodial Ethereum software wallets in the cryptocurrency ecosystem, with its signature Orange Fox avatar plug-in acting as a portal to the world of Ether ( )-based tokens, decentralized applications (DApps) and decentralized finance (DeFi). MetaMask Institutional (MMI) has been in existence since October 2021 at a time when institutions began allocating significant amounts of capital to DeFi marketplaces through the conventional MetaMask retail wallet. This included suitable segmentations of roles and responsibilities for a wallet belonging to an entity. The need for a specific institutional offering was in part necessitated by engagements with institutional users that had been using the retail platform to manage millions of dollars of digital assets: “It was shocking, the kind of risk management we saw from institutions. Some may be high frequency trading-style operations that require low latency and programmatic access. As Mathew explained, the difference in functionality comes when a user looks to confirm an action that then links to the specific custodial wallet address: “Depending on whatever governance policies that you have set for that particular wallet, you can have a multi-approval setup, you could have filtering done at the protocol level.” Source - Coin Telegraph #defi #metamask #cryptocurrency #crypto