Lausanne, Switzerland – February 2, 2021
METACO, the leading provider of security-critical infrastructure enabling financial institutions to enter the digital asset ecosystem, announced a strategic partnership with Cobalt, an award-winning fintech firm focused on re-engineering the institutional FX and DA markets from the ground up. This partnership provides an institutional-grade Software as a Service (SaaS) solution for digital asset settlement.
As institutional adoption of digital assets accelerates, banks and financial institutions are hindered by the lack of available institutional-grade infrastructure to fit their needs. Together, they are addressing this increasing demand by integrating METACO’s institutional operating system for digital assets, SILO, with Cobalt’s interoperable FX and digital assets platform to offer a fully integrated end to end SaaS solution for the storage, limit allocation and intraday settlement of digital assets, with institutional-grade security standards.