EddieJayonCrypto
12 Feb 24
Following the departure of the CEO and chief product officer of Metaco, which was acquired by Ripple in May 2023, a Ripple spokesperson confirmed their exit and expressed appreciation for their leadership and the industry-leading custody business they built. Before the acquisition, Metaco was a pref...
Following the departure of the CEO and chief product officer of Metaco, which was acquired by Ripple in May 2023, a Ripple spokesperson confirmed their exit and expressed appreciation for their leadership and the industry-leading custody business they built. Before the acquisition, Metaco was a preferred partner for European banks, with recent reports of banks re-evaluating their relationship with Metaco.
The CEO Adrien Treccani and Chief Product Officer Peter DeMeo have left the cryptocurrency custody firm, Metaco, acquired by Ripple in May 2023. Ripple expressed gratitude for the strong custody business they built and their leadership in integrating the custody team and solution with Ripple. European banks previously favored Metaco for digital asset custody, but recent reports indicate banks are reassessing their connection with Metaco following the acquisition.
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