Quick Breakdown
- Ripple acquires crypto custody and wallet firm Palisade to expand institutional offerings.
- Palisade’s tools will power Ripple Custody and Ripple Payments, enabling faster crypto-fiat transactions.
- Ripple’s total acquisition spending now exceeds $4 billion in 2025.
Ripple boosts institutional crypto capabilities with Palisade deal
Crypto services giant Ripple has acquired Palisade, a crypto custody and wallet provider, in a move aimed at deepening its institutional and corporate service offerings. The deal, announced on Monday, will see Palisade’s wallet-as-a-service technology integrated into Ripple Custody, the company’s crypto storage arm designed for banks and enterprises.
Institutional-grade asset custody just got supercharged.
We’re acquiring @palisadeinc: https://t.co/2536rNIuWv
Palisade offers a fast and scalable wallet solution, ideal for on/off ramps and global corporate payments – this integration accelerates value transfer across Ripple…
— Ripple (@Ripple) November 3, 2025
Ripple said the acquisition will enhance its ability to serve fintechs, crypto-native firms, and large corporates looking to manage digital assets securely.
“Corporates are poised to drive the next massive wave of crypto adoption,”
said Monica Long, President of Ripple.
“As banks have shifted from observation to active participation in crypto, corporates are now following suit — and they need trusted, licensed partners with ready-to-use solutions.”
Palisade integration to power Ripple payments and DeFi connectivity
According to Ripple, Palisade’s infrastructure will also be embedded into Ripple Payments, the company’s flagship cross-border payments network. This integration will enable faster on- and off-ramps between crypto and fiat, multi-chain support, and new features such as subscription payments and automated collections.
The company added that the new tools will provide the foundation for high-speed, enterprise-grade crypto transactions while supporting interaction with decentralized finance (DeFi) protocols.
Ripple’s $4 Billion acquisition spree
Ripple’s acquisition of Palisade pushes its total spending on takeovers to roughly $4 billion, marking one of the industry’s most aggressive expansion streaks in 2025.
Earlier this year, Ripple finalized a $1.25 billion acquisition of prime brokerage firm Hidden Road, expanding access for U.S. institutional clients to over-the-counter (OTC) crypto trades. In October, it purchased GTreasury, a crypto treasury management platform, for $1 billion, and in August, it struck a $200 million deal for stablecoin payments firm Rail, which is expected to close before year-end.
The spree follows the SEC’s decision to drop its long-standing lawsuit against Ripple, freeing the company to pursue broader ventures in trading, stablecoins, and corporate treasury services.
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