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 .
