Software & Fintech

Bryan, Garnier & Co acts as Sole Financial Advisor to the Shareholders of Metaco on its sale to Ripple Labs

Metaco offers secure and versatile mission-critical custody infrastructure for institutions to scale new business models in the digital asset economy.

Its primary offering Harmonize is the institutional standard for digital asset custody and tokenization infrastructure, chosen by the world’s largest global custodians, top-tier banks, financial institutions and corporates. Metaco’s technology solutions are currently offered across various jurisdictions, including Switzerland, Germany, Turkey, France, the United Kingdom, the United States, Singapore, Australia, Hong Kong and the Philippines, among others.

Best known for its flagship payments products, Ripple was the first company to address the multi-trillion dollar pain points in cross-border payments utilizing blockchain and cryptocurrency. The company focused on solving the hardest problems – such as building blockchain-enabled payments infrastructure from the ground up – before expanding its product offerings to address new use cases like liquidity management and tokenization, including Central Bank Digital Currencies (CBDCs). Today, Ripple serves hundreds of customers in over 55 countries and 6 continents with payout capabilities in 70+ markets.

Ripple and Metaco share strong crypto DNA, top-tier institutional customers, and a long history of working with regulated entities to create secure enterprise-grade solutions. With this acquisition, Ripple will expand its enterprise offerings, allowing customers to custody, issue, and settle any type of tokenized asset. Metaco will dramatically accelerate its growth trajectory through access to Ripple’s established base of hundreds of customers, capital to address new demand, and resources to continue delivering on its commitment to banking and institutional clients. Diversifying into custody solutions is a milestone in Ripple’s business and product strategy, bringing new revenue opportunities to the company.

Bryan, Garnier & Co acts as Sole Financial Advisor to the Shareholders of Metaco on its sale to Ripple Labs.

Bryan, Garnier & Co assisted the shareholders of Metaco with end to end transaction and board level support including terms negotiation, financial modelling, coordination of cross border due diligence efforts, transaction documentation, and process management, as well as providing continuous transaction and market relevant intelligence insights.

This marks another important transaction for Bryan, Garnier & Co’s Software & Fintech practice and further demonstrates its expertise in the Digital Asset sector. Bryan Garnier was mandated by the shareholders of Metaco to advise on this transaction thanks to its deep market knowledge and access to global financial sponsors.

Notable recent Software & Fintech transactions by Bryan Garnier include the acquisition of Wealth Dynamix by Credit Agricole Indosuez, the sale of kompany to Moody’s, the sale of Horizon Software to Sagard, the acquisition of Recocash by Qualium Investissement, the acquisition of SmartTrade by Hg Capital, the acquisition of the neobank Shine by Société Générale Group, and the investment in core banking software provider Skaleet (formerly TagPay) by US private equity firm Long Arc.

Bryan Garnier advised on 17 software transactions in the past 12 months firmly demonstrating its position as one of the leading European mid-market technology advisors. Recent landmark transactions include the investment of Carlyle in Groupe Lacour, the sale of MailInBlack to Seven2 (formerly Apax) & New Alpha, and Bridgepoint Development Capital’s investment in CAST Software and further delisting.

"We are delighted to be joining forces with Ripple to drive the development of mission-critical infrastructure solutions for institutional digital asset management. Ripple’s scale, resources and global footprint will accelerate our joint mission of fostering a thriving digital asset economy. Bryan Garnier's team expert advice and guidance were instrumental in completing this exciting partnership. With great enthusiasm, we look forward to collaborating with Ripple and we highly recommend Bryan Garnier as a trusted advisor."

— Adrien Treccani - Founder and CEO at Metaco

Founded in 2015 in Switzerland, Metaco is an enterprise technology company whose mission is to enable financial and non-financial institutions to securely build their digital asset operations. The company’s core product, Harmonize, is a mission-critical orchestration platform for digital assets. From asset-agnostic custody and trading to tokenization, staking and smart contract management, the platform seamlessly connects institutions to the broad universe of decentralized finance (DeFi) and decentralized applications (Web3 Dapps). Metaco has established itself as the institutional standard for digital asset infrastructure, trusted by the world’s largest global custodians, banks, regulated exchanges, and corporates. Its software and technology solutions enable institutions to store, trade, issue and manage any type of digital assets – such as crypto and digital currencies, digital securities, and non-fungible tokens (NFTs) – with the highest possible security and agility.

Ripple is a crypto solutions company that transforms how the world moves, manages and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost effective – solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, Ripple identifies use cases where crypto technology will inspire new business models and create opportunity for more people. With every solution, Ripple is realizing a more sustainable global economy and planet – increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a green digital asset, XRP. This is how Ripple delivers on its mission to build crypto solutions for a world without economic borders.