Multiple international deals for fintech startup

Founded in 2015 in Switzerland, METACO aims to enable financial and non-financial institutions to securely manage their digital asset business and capitalize on the burgeoning digital asset economy. The company’s core product, Harmonize, is an orchestration system for digital assets. From cryptocurrency custody and trading to tokenization, staking and smart contract management, the platform seamlessly connects institutions to the new world of decentralized finance (DeFi). The startup has established itself as the Tier 1 banking standard, trusted by and in live production with global custodians, exchanges, private and universal banks.

More companies are joining the digital asset economy, and for this, they rely on Metaco. Most recently the startup has won the following partners.

BNP Paribas Securities Services, a wholly-owned subsidiary of the France-based BNP Paribas Group, wants to develop a digital asset custody offering and help clients issue, transfer and safe keep regulated digital assets efficiently and securely. For this, it has selected two companies including Metaco. The Swiss fintech will integrate its bank-grade digital asset custody and orchestration platform into BNP Paribas' existing infrastructure. The platform will underpin the bank’s institutional custody offering and unify governance across its multiple systems, allowing institutional clients to store, issue and settle digital securities alongside their traditional assets.

Societe Generale - FORGE (SG - FORGE), a fully integrated subsidiary of Societe Generale, providing issuers and investors with end-to-end services to issue, invest and manage digital-native security tokens registered on public blockchains, has also selected Metaco to orchestrate its digital asset custody operations. Societe Generale is now offering a range of capital market products to institutional clients under a native security token format on Ethereum and Tezos with full banking level safety and regulatory compliance.

The partnership enables SG - FORGE to continue setting the agenda on integrating security tokens into traditional finance and leverage METACO's bank-grade digital asset custody and orchestration platform to further expand its offering at scale. These developments are taking place within a larger context marked by the acceleration of market digitalization using blockchain technology, notably through the forthcoming implementation of the EU Pilot Regime and which will permit the processing of security tokens through market infrastructures in compatibility with applicable EU regulations.

(Press release/RAN)