Deals & Cases

Schellenberg Wittmer advised Standard Chartered in USD 17 million Series A round raised by METACO SA

26.10.2020

METACO, the Swiss Fintech company which runs an institutional operating system for digital assets (SILO) enabling financial institutions to securely integrate cryptocurrencies, tokens and distributed ledger into their core infrastructure, has successfully raised USD 17 million in a Series A funding round this July. Standard Chartered together with Giesecke+Devrient, Zürcher Kantonalbank and Investiere joined the USD 17 million Series A round whereby all existing strategic shareholders – Swisscom, SICPA, Avaloq Ventures and the Swiss Post – increased their commitments.

The team at Schellenberg Wittmer was led by Tarek Houdrouge (Corporate/M&A and Banking & Finance) and included Roland Mathys (ICT), Edmond Kohler (Corporate/M&A), Jérémie Tenot (Banking & Finance), Amalie Wijesundera (ICT) and Sarah Leins-Zurmuehle (IP).

 

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