
Founded
2015
Address
Metaco SA
Lausanne
Switzerland
Website
Business classification
VCID: 576306
Profile
Corporate information
Official name
Metaco SA
Affiliate of
Registration country
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
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.
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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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
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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Giesecke+Devrient GmbH | Germany | Initial investment. Led the round. | |
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SC Ventures | Standard Chartered’s innovation, fintech investment and ventures arm. | Initial investment. Round participant. | |
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Verve Capital Partners AG | Switzerland | Initial investment. Round participant. | |
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Zurich Cantonal Bank | Switzerland | Initial investment. Round participant. |
(2018) Change in valuation: unknown
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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Avaloq Ventures | Switzerland | Initial investment. Round participant. | |
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Swisscom Ventures | The venture capital arm of Swisscom. | Switzerland | Initial investment. Round participant. |
Change in valuation: unknown
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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Swiss Post Ltd | Switzerland | Initial investment. Round participant. |
Change in valuation: unknown
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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DBS Bank Ltd | Singapore | Initial investment. Round participant. |
Cap Table
Current and past shareholders
Investor | Contacts | Round | |
---|---|---|---|
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Avaloq Ventures |
Seed | |
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DBS Bank Ltd |
N/A | |
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Giesecke+Devrient GmbH |
Series A | |
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Ripple Labs Inc Provider of financial settlement solutions. |
+1 (415) 213-4838 |
Acquisition |
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SC Ventures Standard Chartered’s innovation, fintech investment and ventures arm. |
Series A | |
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Swiss Post Ltd |
N/A | |
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Swisscom Ventures The venture capital arm of Swisscom. |
Seed | |
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Verve Capital Partners AG |
Series A | |
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Zurich Cantonal Bank |
Series A |