Crypto Currency Tracker logo Crypto Currency Tracker logo
The Daily Hodl 2023-05-17 18:41:27

Ripple Spends $250,000,000 on Institutional Digital Asset Custody Firm Metaco

Payments firm Ripple is paying a nine-figure price tag to acquire Metaco, a Swiss-based digital assets custody provider. In a new press release, Ripple Labs says its purchasing Metaco for $250,000,000 in response to research suggesting that institutional investors plan to heavily incorporate crypto custody services into their business models within the next three years. The post Ripple Spends $250,000,000 on Institutional Digital Asset Custody Firm Metaco appeared first on The Daily Hodl .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.