Ripple Acquires Palisade to Bolster Institutional Payments and Crypto Infrastructure

Ripple has acquired Palisade, a leading crypto wallet and custody technology firm, marking the latest move in its strategy to build a robust institutional infrastructure for digital assets. The acquisition, announced on November 3rd, 2025, will integrate Palisade’s wallet-as-a-service platform into Ripple Custody, expanding services for financial institutions and fintech companies seeking secure and efficient payment solutions.