bitcoin
Bitcoin (BTC) $ 37,235.98
ethereum
Ethereum (ETH) $ 2,026.28
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 228.51
xrp
XRP (XRP) $ 0.605606
cardano
Cardano (ADA) $ 0.376857
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.738732
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.077882
okb
OKB (OKB) $ 56.04
polkadot
Polkadot (DOT) $ 5.18
shiba-inu
Shiba Inu (SHIB) $ 0.000008
tron
TRON (TRX) $ 0.102258
uniswap
Uniswap (UNI) $ 6.16
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 37,170.96
dai
Dai (DAI) $ 0.997212
litecoin
Litecoin (LTC) $ 69.02
staked-ether
Lido Staked Ether (STETH) $ 2,023.71
solana
Solana (SOL) $ 56.03
avalanche-2
Avalanche (AVAX) $ 20.16
chainlink
Chainlink (LINK) $ 14.26
cosmos
Cosmos Hub (ATOM) $ 8.99
the-open-network
Toncoin (TON) $ 2.46
ethereum-classic
Ethereum Classic (ETC) $ 18.52
leo-token
LEO Token (LEO) $ 3.89
filecoin
Filecoin (FIL) $ 4.44
bitcoin-cash
Bitcoin Cash (BCH) $ 222.17
monero
Monero (XMR) $ 164.71
Tuesday, November 28, 2023
More
    bitcoin
    Bitcoin (BTC) $ 37,235.98
    ethereum
    Ethereum (ETH) $ 2,026.28
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 228.51
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 0.605606
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.077882
    cardano
    Cardano (ADA) $ 0.376857
    solana
    Solana (SOL) $ 56.03
    matic-network
    Polygon (MATIC) $ 0.738732
    polkadot
    Polkadot (DOT) $ 5.18
    tron
    TRON (TRX) $ 0.102258
    HomeNewsRipple Acquires Crypto Asset Storage Startup Metaco For $250 Million

    Ripple Acquires Crypto Asset Storage Startup Metaco For $250 Million

    Ripple has introduced that it has acquired Switzerland-based cryptocurrency custodian Metaco for $250 million in money and Ripple shares. The transfer will enable Ripple to retailer, situation and settle every kind of tokenized property, increasing its providers.

    “Metaco is a confirmed chief in institutional digital asset custody with an distinctive govt workforce and a really unmatched consumer observe report,” Ripple CEO Brad Garlinghouse stated in an announcement. . β€œBy means of the energy of our stability sheet and monetary place, Ripple will proceed to increase our dominance in key areas for crypto infrastructure. It’s monumental to the growth of our stronghold.”

    Ripple is the corporate behind the Ripple fee protocol that makes use of XRP as its native cryptocurrency. Ripple has labored with conventional monetary companies to assist them combine cryptocurrencies and blockchain into their infrastructure. Though Ripple and XRP are technically separate entities, Ripple nonetheless owns a considerable amount of XRP tokens.

    In 2020, Ripple and its workforce confronted a lawsuit from the U.S. Securities and Alternate Fee as a result of nature of the XRP token sale. The SEC argued that XRP was a safety and may have been registered with the Fee. It’s value noting that Ripple and his handful of executives generated over $1.38 billion from the sale of XRP tokens.

    See also  Traders flock to Bitcoin after Ethereum’s Chapela improve

    With at the moment’s announcement, Ripple is diversifying its actions. Metaco has labored with institutional prospects to offer a number of enterprise-grade options akin to custody, orchestration and buying and selling.

    Following at the moment’s transaction, Metaco will proceed to function as a separate model and enterprise unit, however Metaco has a brand new proprietor. This might point out that Ripple desires to make use of its stability sheet to construct a portfolio of crypto-focused firms and bounce again from the SEC feud.

    RELATED ARTICLES

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Most Popular