Custodian Metaco Raised $17 Million

A custodial crypto service intended for institutional investors Metaco was able to raise $17 million during the first round of financing.

Where does the information come from?

The information appeared on the official Metaco page on Twitter.

https://twitter.com/metaco_sa/status/1283012247942569984

Waiting vs Reality

The main investors were Giesecke + Devrient. Representatives of Metaco noted that this figure exceeded their expectations twice.

What makes the Metaco crypto service so special?

Recall, Metaco launched its main product for institutional investors in 2018. The company's specialists have developed an operating system for digital assets called SILO. With its help, traditional financial institutions can quickly integrate digital currencies into their infrastructure.