Ripple bought Metaco


US crypto firm Ripple has acquired Swiss-based digital asset custody technology provider Metaco for $250 million.
In a statement from Ripple, it was reported that with the said acquisition, the company will expand its enterprise solutions that provide technology to store, transfer and exchange all kinds of crypto assets.
Metaco will significantly accelerate its growth through access to Ripple's customer base, capital to meet new demand, and resources that will continue to fulfill its commitment to banking and corporate clients, the acquisition cost was $250 million.
Ripple CEO Brad Garlinghouse, whose views were included in the statement, pointed out that Metaco has a proven position in corporate digital asset oversight with its executive staff and client history.
Metaco Founder and CEO Adrien Treccani emphasized that their mission is to enable institutions to succeed in the digital asset economy, and stated that the acquisition agreement will enable Metaco to leverage Ripple's scale and market power to achieve its goals and deliver value to its customers faster.
#GateioBountyCreator #ContentStar #BountyCreator #Gateio10周年 #NewYearCelebration #GateioTurns10 #CryptoObserves #contentcreator #NewsMessenger
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 11
  • Repost
  • Share
Comment
0/400
Blackpearlvip
· 2023-06-22 04:53
thanks..
View OriginalReply1
SAVASvip
· 2023-06-21 11:50
thanks for information
View OriginalReply1
CrazyCrabvip
· 2023-06-21 10:59
We got it at 0.51 and we are inside. The rise is imminent
View OriginalReply1
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)