Ripple has announced the acquisition of Palisade, a crypto wallet and custody technology firm, in a move that further strengthens its expanding institutional payments and digital asset infrastructure business. The acquisition, revealed on November 3, 2025, will see Palisade’s wallet-as-a-service platform integrated into Ripple Custody, bolstering Ripple’s offerings for fintechs, corporates, and financial institutions.
Strengthening Ripple’s Institutional Capabilities
The addition of Palisade’s Multi-Party Computation (MPC) and zero-trust architecture will enhance both the security and transaction efficiency of Ripple’s custody and payments services. These technologies are expected to enable instant, deployable wallets that support stablecoin settlement, corporate payments, and cross-border transactions at scale.
Part of a Larger Expansion Strategy
Palisade marks Ripple’s fourth major acquisition of 2025, underscoring an aggressive expansion strategy aimed at building a full-stack institutional infrastructure. Earlier this year, Ripple acquired:
- Hidden Road ($1.25B) – A prime brokerage rebranded as Ripple Prime, offering institutional clearing and liquidity services.
- Rail ($200M) – A stablecoin payments network designed to streamline global settlement flows.
- GTreasury ($1B) – A treasury technology firm focused on corporate finance and cash management integration.
Accelerating the Next Phase of Ripple’s Growth
The Palisade integration positions Ripple to offer turnkey digital asset custody at a time when banks, corporates, and fintechs are increasingly exploring on-chain payment rails. By merging Palisade’s next-generation wallet tech with Ripple’s established payment network and custody tools, the company is moving closer to its vision of bridging traditional finance and blockchain-based liquidity.
With four acquisitions completed this year alone, Ripple continues to redefine its role from cross-border payments pioneer to comprehensive institutional crypto infrastructure provider.
