METACO Raises $17M in Series A Funding Round from Global Financial Services Leaders

Standard Chartered Bank, Zürcher Kantonalbank, and venture capital firm Investiere joined the round which also saw all existing strategic shareholders, Swisscom, SICPA, Avaloq, and Swiss Post increase their commitments. Its unique framework for digital asset custody, transaction management, trading, and tokenization has made it the leading choice for banks and exchanges. I look forward to working with our new shareholders and encourage companies to get in touch to explore possible synergies.” The Series A funding will drive the next phase of METACO’s growth in sales, product, and partnerships. Assaf Shamia, Investment Director at Giesecke+Devrient, added, “The tokenization narrative is gaining momentum among regulators and central banks, encompassing a broad spectrum of promising innovations ranging from digital currencies to national identities. This large funding round, completed during a period of notable market uncertainty, is a significant milestone for METACO and will allow the company to accelerate its global growth and anchor its position as a category leader in the crypto-custody market.” Alex Manson, Global Head of SC Ventures, the innovation, fintech investment and venture arm of Standard Chartered, said, “We believe that digital assets are here to stay as an asset class.