Gemini Accuses DCG of Defaulting on $630 Million

Key Takeaways: DCG did not make a $630 million cost due to Gemini If an settlement can’t be reached, Gemini and different stakeholders create a modified reorganization plan with Genesis that doesn’t require DCG’s permission. Digital Foreign money Group (DCG) did not make a $630 million cost to Gemini, triggering a collection of occasions that … Read more

Ripple acquires custody infrastructure supplier Metaco for $250 million

Ripple has introduced the acquisition of Metaco, a Switzerland-based supplier of digital asset storage and tokenization applied sciences, for $250 million (£201.1 million). The acquisition goals to broaden Ripple’s enterprise choices, with Metaco promising enterprise-ready packages for monetary service suppliers and corporates throughout a variety of digital asset use instances round custodial infrastructure. The corporate’s … Read more