Ripple Buys Swiss-Based Metaco for $250M to Expand Into Crypto Custody

Crypto Custody Tech Firm Metaco Taps IBM Execs to Revamp Institutional Push

The purchase will allow Ripple to expand its offerings by incorporating the technology to custody, issue, and settle tokenized assets. Metaco offers customers crucial and secure custody infrastructure, allowing institutions to scale new business models in the crypto economy.

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