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coinpedia 2023-05-17 13:41:54

Ripple Dives into First Major Acquisition, Buys Crypto Custody Giant Metaco for $250 Million

The post Ripple Dives into First Major Acquisition, Buys Crypto Custody Giant Metaco for $250 Million appeared first on Coinpedia Fintech News In a defining move for the crypto industry, U.S-based Ripple has purchased Switzerland-based Metaco, a leading crypto custody firm, for a whopping $250 million. This marks Ripple’s first major acquisition, as announced by the company on Wednesday. Ripple Acquires Metaco Amid Legal Battle Metaco is renowned for its advanced technology enabling financial institutions to manage …

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