Ripple has acquired Metaco, a Swiss-based digital asset custody and tokenization technology provider, for $250 million. Despite the acquisition, Metaco will continue to operate independently as a brand and business unit. Tether has announced its latest investment strategy, which involves allocating up to 15% of its net realized operating profits towards purchasing Bitcoin. Meanwhile, France is welcoming crypto companies fleeing regulatory uncertainty in the US with its crypto service asset provider regime.

Axie Infinity has launched its card game, Axie Infinity: Origins, on the Apple App Store, providing access to users in Latin America and Asia. The game is currently available in countries such as Argentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia, and Vietnam. Additionally, Sky Mavis has launched Mavis Market, a curated NFT marketplace powered by the company's Ronin blockchain. In other news, Compound Finance has deployed its latest iteration on the layer-2 scaling solution Arbitrum, allowing users to use ARB, GMX, WETH, and WBTC as collateral to borrow USDC on Arbitrum.