Metaco SA’s USD 17 Million In a Series A Funding Round

Schellenberg Wittmer advised Standard Chartered on the deal.

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, 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 (Picture) and included Roland Mathys, Edmond Kohler, Jérémie Tenot, Amalie Wijesundera and Sarah Leins-Zurmuehle.

Involved fees earner: Tarek Houdrouge – Schellenberg Wittmer; Edmond Kohler – Schellenberg Wittmer; Sarah Leins-Zurmuehle – Schellenberg Wittmer; Roland Mathys – Schellenberg Wittmer; Jérémie Tenot – Schellenberg Wittmer; Amalie Wijesundera – Schellenberg Wittmer;

Law Firms: Schellenberg Wittmer;

Clients: Metaco SA;