Ripple Acquires Palisade to Fuel Corporate Crypto Adoption

Crypto payments giant Ripple has acquired crypto custody company Palisade as part of a strategic move to expand its reach into corporate markets. The acquisition aims to provide institutional clients with tailored solutions for navigating the complex world of cryptocurrency. 💰 Ripple intends to integrate Palisade’s wallet-as-a-service offering directly into its existing offerings, including Ripple Custody and Ripple Payments. This integration will enable businesses to manage crypto assets effectively, facilitating secure on-and-off ramps for fiat currency exchange and transactions across various blockchain networks.