Cryptocurrency

Galaxy

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/significant-move-in-the-cryptocurrency-space-by-ripple-owned-firm-metaco/" data-wpel-link="internal">Significant Move in the Cryptocurrency Space by Ripple-Owned Firm Metaco</a><br></p>
<p style="text-align: justify"><a href="https://coin-turk.com/bobby-lee-kripto-piyasasina-geri-donuyor" data-wpel-link="internal">Cryptocurrency</a> market giant <strong><a href="https://coin-turk.com/xrp-ada-coin-ve-dogecoin-doge-yorumlari-ile-teknik-analizi" data-wpel-link="internal">Ripple</a></strong>‘s Switzerland-based crypto custody firm Metaco is making a notable move recently. Metaco has announced the integration of its operations with another significant player in crypto asset custody, London-based BCB Group, on its flagship platform.</p> 
<h2 style="text-align: justify" id="a-noteworthy-move-in-the-crypto-sector">A Noteworthy Move in the Crypto Sector</h2> 
<p style="text-align: justify">According to the announcement by the two companies, London-based <strong>BCB Group</strong> now prefers Metaco’s custody platform, ending its need for a third-party crypto asset technology provider.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-338571 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/xrp-ripple-coin-turk-com-1-2.png" alt="" width="418" height="352"></p> 
<p style="text-align: justify">This merger will particularly allow the payment company BCB Group to consolidate its crypto asset operations into a single platform, enhancing the security and management of its services.</p> 
<h2 style="text-align: justify" id="contributing-to-the-global-financial-ecosystem">Contributing to the Global Financial Ecosystem</h2> 
<p style="text-align: justify">Oliver Tonkin, founding partner and CEO of BCB Group, stated, “We are contributing to the strengthening of new global financial ecosystems by connecting the global crypto industry.” Tonkin emphasized that their collaboration with <a href="https://en.coin-turk.com/important-developments-for-cryptocurrencies-between-october-9-15-xrp-analyst-shares-predictions/" data-wpel-link="internal">Ripple</a>, Metaco, and <strong>IBM Cloud</strong> is a significant step that allows BCB Group to continue providing high-level services to the crypto asset ecosystem smoothly, securely, and affordably.</p> 
<p style="text-align: justify">Last year in May, Ripple acquired Metaco for $250 million. However, it is known that the CEO and the chief product officer of the Swiss company left the firm recently.</p> 
<h2 style="text-align: justify" id="bcb-group-serves-major-exchanges">BCB Group Serves Major Exchanges</h2> 
<p style="text-align: justify">BCB Group provides payment and trading services to some of the world’s largest crypto institutions, including major names like <strong>Bitstamp</strong>, <a href="https://en.coin-turk.com/promising-future-for-bitcoin-microstrategy-buys-another-1-billion-worth-of-btc/" data-wpel-link="internal">Crypto</a>.com, Galaxy Digital (GLXY), Gemini, and Kraken. This alliance demonstrates that developments and integrations in the cryptocurrency industry continue unabated.</p> 
<p style="text-align: justify">Both Metaco and BCB Group are expected to set new standards in crypto custody and payment with this merger. All eyes are on the innovations this powerful alliance will bring to the industry. It is worth noting that this development has not yet reflected in the long-awaited <a href="https://en.coin-turk.com/ripple-xrp-price-prediction-will-xrp-reach-1/" data-wpel-link="internal">XRP</a> price for investors in the cryptocurrency world. The <strong>XRP</strong> price was at $0.61 while writing this article, with a 1% increase in the last 24 hours.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/significant-move-in-the-cryptocurrency-space-by-ripple-owned-firm-metaco/" data-wpel-link="internal">Significant Move in the Cryptocurrency Space by Ripple-Owned Firm Metaco</a></h5>

Significant Move in the Cryptocurrency Space by Ripple-Owned Firm Metaco

Table of Contents

COINTURK NEWS

Alte articole publicate pe 9 apr. 2024

Bitcoin Price To Slip Below $20K By 2024 End: Deutsche Bank Survey

Why is The Crypto Market Down Today?

Price Predictions For ONDO And ADA: Don’t Miss Exciting Profit Avenue On $RECQ Presale, Expert Says

Milei Moneda’s launch promises big as Solana and Toncoin rise

Challenges in Solana’s Network Impact Its Outlook

VeChain On The Edge: Insider Says VET Will Reach The Finish Line

Join our free newsletter for daily crypto updates!