Swiss arm of BBVA bank taps Ripple-owned Metaco for crypto custody
BBVA Switzerland has migrated its crypto custody services to Ripple-owned infrastructure provider Metaco. Under the collaboration agreement, BBVA Switzerland will be using Metaco‘s Harmonize platform to connect between multiple blockchain networks, according to a press release published on Dec. 7, 2023. With Metaco, the Swiss branch of the BBVA banking group wants to expand its services beyond Bitcoin and Ethereum networks for fund managers and large companies, that need to “explore new business opportunities and opportunities to exchange value in a digital environment,” BBVA Switzerland says. In addition to custodian services, Harmonize will also serve as a trading platform as well as a tool for real-world assets tokenization, the press release reads. XRP price in USD | Source: CoinGecko You might also like: German DekaBank taps Metaco for custody service Amid the news, Ripple’s XRP token surged by almost 2.3% and is trading at $0.61, accord...