BCB Group migrates its digital asset custody operations to Ripple’s Metaco platform

BCB Group migrates its digital asset custody operations to Ripple’s Metaco platform
фото показано с : coinjournal.net

2024-4-9 14:48

BCB Group migrates custody to Metaco’s platform, enhancing security and governance. Ripple’s strategic acquisition of Metaco strengthens its position in the crypto industry. The collaboration aims to drive innovation and efficiency in digital asset operations.

In a strategic maneuver in collaboration with Ripple, Metaco, and IBM Cloud, BCB Group has transitioned its custody operations to Metaco’s platform, a move aimed at streamlining its digital asset management. The London-based firm, known for providing payment and trading services to major crypto institutions, including Gemini and Kraken, has chosen Metaco’s flagship platform to enhance the security and efficiency of its operations.

This decision marks a significant shift for BCB Group, which has migrated from a third-party digital asset technology provider to leverage Metaco’s advanced custody orchestration platform.

With this move, BCB Group aims to centralize its custody technology, ensuring a seamless and secure environment for managing digital assets.

BCB Group’s Co-founder and CEO, Oliver Tonkin, expressed enthusiasm about the collaboration with Ripple, Metaco, and IBM Cloud, emphasizing its role in delivering superior services to the digital asset ecosystem.

The consolidation of custody technology onto Metaco’s platform aligns with BCB Group’s commitment to providing top-tier services while adhering to the highest standards of security and compliance.

Metaco’s rise after acquisition by Ripple

Ripple’s acquisition of Metaco for $250 million last year underscores the company’s strategic vision to expand its presence in the crypto industry.

While recent changes in Metaco’s leadership have been reported, including the departure of its CEO and chief product officer, the collaboration with BCB Group highlights Ripple’s continued efforts to strengthen its position in the market.

Metaco’s custody platform offers advanced security features and robust governance mechanisms, making it an ideal choice for institutions seeking to optimize their digital asset operations.

By partnering with Metaco, BCB Group aims to capitalize on the platform’s capabilities to scale its commercial offerings and navigate evolving regulatory requirements effectively.

Overall, the collaboration between BCB Group, Ripple, Metaco, and IBM Cloud represents a strategic alliance aimed at driving innovation and efficiency in the digital asset ecosystem. With BCB Group’s migration to Metaco’s platform, backed by Ripple’s expertise, the firm is poised to elevate its custody operations to new heights, catering to the evolving needs of institutional clients in the crypto space.

The post BCB Group migrates its digital asset custody operations to Ripple’s Metaco platform appeared first on CoinJournal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Trident Group (TRDT) на Currencies.ru

$ 0.0132492 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 42.85 %
Cегодня L: $0.0132492 - H: $0.0132492
Капитализация $16.072k Rank 99999
Доступно / Всего 1.213m TRDT

metaco ripple platform bcb operations migrates group

Источник: coinjournal.net

metaco ripple → Результатов: 39


Ripple Buys Swiss Startup As InQubeta Launches AI Crowdfunding Platform

The remarkable revival of the cryptocurrency market in 2023 has led to a significant trend where crypto companies are increasingly making strategic acquisitions. Ripple, the company behind the XRP token, recently made a significant move in the cryptocurrency market by acquiring Metaco, a cryptocurrency custody company based in Switzerland.

2023-5-24 20:00


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ripple co-founder donates $10M in XRP to Harris’ campaign, calls for “new approach” to crypto

Chris Larsen donated $9.9 million to PAC Future Forward and $800,000 to the Harris Victory Fund Larsen is one of the crypto industry’s biggest donors in the 2024 election campaign Brad Garlinghouse said that Ripple will continue to talk with Democrats and Republicans during and after the election campaign Chris Larsen, co-founder and executive chair […] The post Ripple co-founder donates $10M in XRP to Harris’ campaign, calls for “new approach” to crypto appeared first on CoinJournal.

Ripple’s CEO: an IPO hasn’t been a “high priority” as it’s in a strong financial position

Brad Garlinghouse said that Ripple is in a “strong financial position” and that a Ripple IPO has been a “back burner topic” Garlinghouse said that Gary Gensler’s “days are numbered” as the SEC Chair The CEO believes the market headwinds are beginning to ease, bringing more capital into the industry Ripple’s CEO has said an […] The post Ripple’s CEO: an IPO hasn’t been a “high priority” as it’s in a strong financial position appeared first on CoinJournal.

Ripple launches crypto custody solution for banks

Ripple has unveiled new features for its custody solution for banks and fintechs. The company is looking to tap into the growing tokenization and RWA market. Ripple has launched new features that bring digital asset custody to banks and fintechs, the blockchain company announced on Oct.

Ripple finalizes acquisition of Standard Custody

Ripple has completed the acquisition of Standard Custody & Trust Company, according to a news release published on Tuesday. The news comes months after Ripple revealed its intention to acquire the regulated digital assets custody solution.

Ripple CEO sees crypto market hitting $5T by year-end: here are the top 3 picks

Ripple CEO is claiming the crypto market could reach $5 trillion by the end of 2024. Investors are looking for better opportunities to invest and gain lucrative profits if that happens. According to some analysts, Solana (SOL), Sui (SUI), and Borroe Finance ($ROE) could be some of the best altcoins to include in investment portfolios.