- Ripple has acquired wallet-as-a-service platform Palisade, making its custody, liquidity and settlement offerings more flexible.
- It is a $4 billion acquisition that optimizes Ripple’s service offering by providing new scalable asset management applications.
Ripple has announced the acquisition of Palisade, a , to strengthen its enterprise blockchain services.
The company combines Palisade’s advanced custody technology with its own systems. This move provides institutional customers with more secure digital asset solutions and helps Ripple grow faster and reach more global financial markets efficiently.
BREAKING: @Ripple just acquired @palisadeinc and this is massive.
Palisade’s wallet-as-a-service platform will now power Ripple’s next-generation custody and payments infrastructure, unlocking enterprise-grade wallet tech for institutions across the globe.
The same team.… pic.twitter.com/nI4Y9wjaHJ
— Pumpius (@pumpius) November 4, 2025
Palisade offers scalable wallet deployment with multi-chain support and is already integrated with the XRP ledger. This acquisition allows Ripple to expand its custody and payment services for financial institutions while providing better operational control, secure handling of digital assets and faster transaction processing.
Additionally, Ripple’s XRP and RLUSD liquidity solutions are combined into a unified system.
By acquiring Palisade, Ripple will gain full control over the lifecycle of digital assets. By connecting payments, liquidity and custody, Ripple improves its ability to offer institutions complete digital financial solutions. The company is focused on providing secure, scalable tools to banks and financial organizations worldwide, strengthening its enterprise blockchain network.
Financial services are becoming more flexible and therefore more individual
Ripple emphasizes that the company is laying the foundation for a next-generation financial system and not just offering fintech tools. By combining wallet technology with liquidity and settlement services, Ripple acts as a comprehensive digital financial service provider in many markets. The acquisition shows Ripple’s continued focus on blockchain services for institutions and global growth.
The deal comes after Ripple launched its custody business in October 2024 to provide secure infrastructure to institutional customers. Palisade’s technology helps quickly deploy enterprise-scale wallets while remaining compliant with all regulations. The company said in a announcement:
“Our wallet-as-a-service platform will help power Ripple’s next-generation custody and payments infrastructure and make our technology accessible to businesses worldwide. The same team, now at enterprise scale.”
This acquisition is part of Ripple’s broader $4 billion buying spree. In early 2025, Ripple purchased GTreasury, a company that helps large organizations manage their finances, for $1 billion. Ripple also purchased Hidden Road, now called Ripple Prime, and Rail, a stablecoin payment platform, to expand its custody, liquidity and payments services for institutions.
Strategic acquisition for greater customer benefit
Palisade’s tools directly improve Ripple’s ability to support banks and large financial institutions with secure, scalable digital asset solutions. By combining wallet setup, liquidity services and instant settlements with XRP and RLUSD, Ripple improves efficiency and strengthens its position as the leading global enterprise blockchain platform.
Analysts note that Ripple is focusing its acquisitions on key business needs, bringing together custody, financial and payment services into a single system. Each acquisition plays a clear strategic role and helps Ripple offer connected digital financial solutions and meet the increasing global demand from institutions for trusted and compliant blockchain services.
With acquisitions worth more than $4 billion, Ripple continues to expand its business and strengthen its presence in the market. With the addition of Palisade, the company reinforces its previous investments and improves its systems to provide companies with complete digital asset solutions. Ripple’s growth plan demonstrates its strong focus on secure, scalable and well-managed blockchain services.
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