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

Ripple Spends 0,000,000 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. […]

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SEC’s crypto actions dropped by 30% in Gensler’s final year

Japanese Bank SMBC to Foray Into NFT and Web3 Markets

Japanese Bank SMBC to Foray Into NFT and Web3 MarketsThe Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers tokenization and listing services in Japan, to launch a token business […]

SEC’s crypto actions dropped by 30% in Gensler’s final year