Ripple-Owned Crypto Custody Firm Metaco's CEO and Head of Product Depart
Summary
Metaco's CEO Adrien Treccani and Chief Product Officer Peter DeMeo have left the company. Metaco, a cryptocurrency custody firm, was acquired by Ripple in May 2023. Prior to the acquisition, Metaco was a preferred partner for European banks seeking help with digital asset custody, with HSBC being one of its recent clients. Despite some banks reportedly reconsidering their relationship with Metaco after the acquisition, Ripple maintains that custody remains a key part of its expanding business, as it continues to offer top-tier enterprise crypto solutions globally.
