METACO partners with Thought Machine

METACO, the Swiss-based provider of security-critical software and infrastructure for the digital asset ecosystem, has formed a partnership with UK-based Thought Machine, a cloud-native core banking platform used by Tier 1 banks including JPMorgan Chase & Co., Lloyds Banking Group, ING, SC Ventures/Standard Chartered, SEB, and Intesa Sanpaolo. This global partnership delivers the market-leading platform for institutional digital asset custody and orchestration, METACO Harmonize, as fully integrated into Thought Machine’s Vault core banking platform. This allows financial institutions using the Vault platform to securely store, trade, settle and manage digital assets, for retail and institutional use cases. Crucially, it enables fiat currencies to be exchanged seamlessly for cryptocurrencies, bridging the token economy with fiat currencies.

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