Ripple buys Swiss crypto custody company Metaco for $250 million

The move is a big bet on a key segment of the crypto market, which the San Francisco company expects to be valued at $10 trillion by 2030.

“Through the strength of our balance sheet and financial position, Ripple will continue pressing our advantage in the areas critical to crypto infrastructure,” he said.Ex // Top Stories Man attacked with cleaver on BART; suspect arrested The suspect allegedly stabbed the victim aboard a Yellow Line train bound for Antioch, according to BART police

Frame games: How one filmmaker is recasting the work of photographer Lee Friedlander Filmmaker Joel Coen has curated the exhibition ‘Lee Friedlander Framed by Joel Coen,’ featuring 70 selections from throughout the photographer’s career A ruling is imminent on the legal battle, which is expected to have a major impact on the crypto industry. If Ripple wins, it would be a major victory for the crypto industry which has long argued that most of the assets they offer should not be classified as securities.

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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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Ripple Makes New Acquisition: DetailsRipple, leading player in cryptocurrency industry, has announced acquisition of Swiss digital asset custody provider Metaco
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