News

Ripple to Acquire Crypto Custodian Metaco in $250 Million Deal

Ripple acquires Metaco for $250 million, expanding its operations and aiming to scale up in the crypto market. Metaco, a Swiss-based company, specializes in crypto custody and digital asset management solutions, serving institutional clients. XRP is Ripple's native token, facilitating fast and cost-effective cross-border payments.