Nasdaq Lauds Ripple-Metaco Acquisition, Is Future IPO Cooking?

Earlier this month, blockchain payments firm Ripple Labs Inc acquired Swiss-based institutional asset custody, trading and DeFi-focused firm Metaco in what can be categorized as one of the most publicized acquisitions in the crypto industry this year. As reported by Coingape at the time, the company paid the sum of $250 million for the firm, an acquisition that can significantly help it deepen its foothold in the European Union.