The post Discover BBVA Switzerland’s Ripple-Owned Metaco Acquisition appeared on BitcoinEthereumNews.com.

– Advertisement – Swiss private bank BBVA Switzerland is deepening its collaboration with Ripple-owned Metaco to enhance digital asset offerings. The partnership is characterized by speed, efficiency, and top-level governance, aiming to position BBVA as a leader in digital asset services. After a $250 million acquisition earlier this year, Metaco, under Ripple’s umbrella, emerges as a significant player in digital asset custody and tokenization. BBVA Switzerland is deepening its partnership with Metaco, owned by Ripple: All the details about the Metaco and BBVA collaboration! BBVA Advances Collaboration with Metaco Swiss private bank BBVA Switzerland is deepening its collaboration with Ripple-owned Metaco to enhance digital asset offerings. According to the announcement, this expansion aims to position BBVA to serve the evolving needs of corporate clients in the dynamic digital asset landscape, utilizing Metaco’s latest technology. The partnership is characterized by speed, efficiency, and top-level governance, aiming to position BBVA as a leader in digital asset services. BBVA Switzerland, a tier-1 bank in the Eurozone offering crypto services to individual customers, announced a substantial expansion of its partnership with Metaco. This collaboration, honored with the Celent Model Wealth Manager 2022 award, represents a significant step for BBVA, moving its digital asset operations to Metaco’s Harmonie platform delivered as a software-as-a-service (SaaS) model. Alfonso Gomez, CEO of BBVA Switzerland, highlighted the transformative impact of their alliance with Metaco. He added that collaborating with Metaco will help them maintain their leading positions by offering the safest and most suitable infrastructure. Expansive Digital Asset Landscape After a $250 million acquisition earlier this year, Metaco, under Ripple’s umbrella, emerges as a significant player in digital asset custody and tokenization. BBVA’s seamless transition to Metaco’s corporate-grade Harmonie platform parallels recent collaborations with global giants like HSBC. Particularly, the Metaco-HSBC collaboration indicates a broader trend in the financial…

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Filed under: News - @ November 22, 2023 3:18 am