Ripple Acquires Palisade, Bolsters Institutional Crypto Custody Services

In a strategic move, Ripple has acquired Palisade, a prominent digital asset wallet and custody provider, to enhance its institutional crypto infrastructure offerings. This acquisition will expand Ripple’s capabilities in serving financial institutions seeking fast, secure, and compliant solutions for managing digital assets. Palisade’s wallet technology seamlessly integrates into Ripple Custody, providing a holistic solution encompassing storage, payments, and treasury management. This integration marks another significant step towards bridging the gap between traditional finance and decentralized systems.