The growing institutional crypto custody market is expected to reach a staggering $10T by 2030. Custody is a key facet of the infrastructure required for enterprise crypto services, and recent research conducted by Ripple shows that most global finance leaders at financial institutions and enterprises have plans to use crypto custody solutions in their business within the next three years—primarily through a third party provider.
Ripple and Metaco Join Forces
Ripple is taking on the crypto custody market and is excited to announce its acquisition of Metaco, a Swiss-based provider of digital asset custody and tokenization technology.
Ripple and Metaco share strong crypto DNA, top-tier institutional customers, and a long history of working with regulated entities to create secure enterprise-grade solutions. With this acquisition, Ripple will expand its enterprise offerings providing customers the technology to custody, issue, and settle any type of tokenized asset. Metaco will dramatically accelerate its growth trajectory through access to Ripple’s established base of…