Ripple Acquires Palisade to Expand Institutional Crypto Wallet Services

Why It Matters

By integrating Palisade’s rapid‑deployment wallet tech, Ripple can meet the rising demand for real‑time crypto payments and treasury services, strengthening its competitive edge against legacy payment networks and accelerating adoption of its XRP‑based ecosystem.

Deal Summary

Ripple announced on Nov. 3, 2025 that it has acquired crypto‑wallet and custody firm Palisade, adding fast, scalable wallet‑as‑a‑service technology to its Ripple Custody platform. The deal aims to strengthen Ripple’s institutional payments offering for fintechs and corporate treasuries, supporting multi‑chain and DeFi use cases.