Metaco Loses Executives After Ripple Acquisition, Raising Bank Concerns

• Metaco lost 5 executives and marketing team members after recent CEO and chief product officer departures

• Metaco acquired by Ripple last year for $250 million

• Was popular crypto custody partner for European banks before Ripple acquisition

• Banks reportedly re-evaluating relationships with Metaco after Ripple buyout

• Departures include CTO, head of sales, marketing manager, and marketing officers