Founded
2015

Address

Metaco SA
Lausanne
Switzerland

Open Map

Business classification

VCID: 576306
http://vcinvest.com/node/576306
    Profile

    Corporate information

    Official name
    Metaco SA

    Affiliate of


    Registration country
    Investment activity status
    Active investor

    Company type

    Provider of security-critical infrastructure enabling financial institutions to enter the digital asset ecosystem.

    Overview

    METACO is a provider of security-critical infrastructure enabling financial institutions to enter the digital asset ecosystem. The company is trusted by top banks, exchanges and infrastructure providers globally. Metaco enables secure custody of digital assets, an emerging trend that will revolutionize the financial world and goes far beyond cryptocurrencies. The robustness of Metaco's solution is underlined by the fact that it is the first insurable digital asset management solution on the market, underwritten by insurance giant AON. Metaco's product is integrated into the Avaloq core banking software. Metaco was acquired by leading enterprise crypto company Ripple for US$ 250m in 2023.

    Related articles

    Funding rounds

    Acquisition USD 250,000,000


    USD 250,000,000 (17 May 2023) at USD 250,000,000 valuation. Change in valuation: unknown
    Acquisition in cash and equity.

    Profile Country Notes
    Ripple Labs Inc Provider of financial settlement solutions. United States USD 250,000,000 (USD 250,000,000). Initial investment. Round participant.

    (14 Jul 2020) Change in valuation: unknown

    Profile Country Notes
    Giesecke+Devrient GmbH Germany Initial investment. Led the round.
    SC Ventures Standard Chartered’s innovation, fintech investment and ventures arm. Initial investment. Round participant.
    Verve Capital Partners AG Switzerland Initial investment. Round participant.
    Zurich Cantonal Bank Switzerland Initial investment. Round participant.

    (2018) Change in valuation: unknown

    Profile Country Notes
    Avaloq Ventures Switzerland Initial investment. Round participant.
    Swisscom Ventures The venture capital arm of Swisscom. Switzerland Initial investment. Round participant.

    Change in valuation: unknown

    Profile Country Notes
    Swiss Post Ltd Switzerland Initial investment. Round participant.

    Change in valuation: unknown

    Profile Country Notes
    DBS Bank Ltd Singapore Initial investment. Round participant.

    Current and past shareholders

    Investor Contacts Round
    Avaloq Ventures logo Avaloq Ventures
    Seed
    DBS Bank logo DBS Bank Ltd
    N/A
    Giesecke+Devrient GmbH logo Giesecke+Devrient GmbH
    Series A
    Ripple Labs Inc logo Ripple Labs Inc
    Provider of financial settlement solutions.
    +1 (415) 213-4838
    Acquisition
    SC Ventures logo SC Ventures
    Standard Chartered’s innovation, fintech investment and ventures arm.
    Series A
    Swiss Post logo Swiss Post Ltd
    N/A
    Swisscom Ventures logo Swisscom Ventures
    The venture capital arm of Swisscom.
    Seed
    Verve Ventures logo Verve Capital Partners AG
    Series A
    Zurich Cantonal Bank logo Zurich Cantonal Bank
    Series A