Ripple Makes New Acquisition: Details

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.Ripple dives into the $10 trillion crypto custody market with the acquisition of Swiss firm Metaco

its foray into the crypto custody market via the acquisition of Swiss digital asset custody provider Metaco. This acquisition will pave the way for customers to custody, issue and settle any type of tokenized asset.

Metaco, with its reputation for secure enterprise-grade solutions, is expected to leverage Ripple's customer base and financial resources to expedite its growth and continue its commitment to banking and institutional clients. expressed enthusiasm about the acquisition, emphasizing its significance for the company's growth trajectory.

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Ripple splashes $250 million on Metaco acquisitionIn case you missed it thanks to that big Tether news, Ripple is shelling out $250 million for Swiss custody startup Metaco By RyanJamesWeeks
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