Ripple acquires Swiss custody startup Metaco for $250M in cash and stock and plans to keep the brand and CEO Adrien Treccani (Ryan Weeks/The Block)

Ryan Weeks / The Block:
Ripple acquires Swiss custody startup Metaco for $250M in cash and stock and plans to keep the brand and CEO Adrien Treccani  —  David Paul Morris/Bloomberg via Getty Images  — Crypto payments firm Ripple shelled out $250 million for Swiss custody startup Metaco.