CACEIS enters exclusive talks to acquire French crypto platform Meria

The custody banking subsidiary of Crédit Agricole, France’s second-largest bank, is discussing a deal that would deepen a traditional finance player’s push into digital assets, BlockStories reported.

Summary

CACEIS is in exclusive talks to acquire Meria, a French crypto investment platform formerly known as Just Mining. The potential buyer is the custody banking subsidiary of Crédit Agricole, described as France’s second-largest bank. If completed, the deal would mark another step in the convergence of traditional finance and digital assets, with a major banking group exploring a larger foothold in crypto-related services, BlockStories reported.

Terms & Concepts
  • custody banking: Safekeeping and administration of client assets.
  • digital assets: Blockchain-based tokens and related financial instruments.