**Ripple Acquires Wallet Platform Palisade to Strengthen Institutional Blockchain Infrastructure**
Blockchain startup Ripple continues to make significant market moves with the acquisition of wallet-as-a-service (WaaS) platform Palisade. This strategic purchase aligns with Ripple’s ambition to evolve from a fintech provider into a core infrastructure player for institutional blockchain finance.
The acquisition of Palisade marks Ripple’s fourth major deal in 2025, following its high-profile purchases of Hidden Road for $1.25 billion, Rail for $200 million, and GTreasury for $1 billion.
### Expanding Institutional Custody and Payments Capabilities
Through acquiring Palisade, the XRP-parent firm aims to expand its institutional custody and payments capabilities. The integration of Palisade’s wallet technology will enhance Ripple’s next-generation custody and payments infrastructure, offering secure, enterprise-grade solutions to institutions worldwide.
By gaining full-stack control over the digital asset lifecycle, Ripple is now able to leverage XRP for instant settlement, RLUSD for institutional liquidity, and Palisade’s advanced wallet technology for multi-asset custody. According to CNF, this acquisition is a major step toward Ripple’s vision of becoming a foundational layer for institutional blockchain finance.
### Moving Beyond Traditional Fintech Tools
Ripple emphasizes that this move confirms its transition beyond traditional fintech tools. The company is positioning itself to build the underlying architecture for a new financial system powered by blockchain technology.
Speaking on the acquisition, Monica Long, President of Ripple, said:
“Secure digital asset custody unlocks the crypto economy and is the foundation that every blockchain-powered business stands on, that’s why it’s central to Ripple’s product strategy. The combination of Ripple’s bank-grade vault and Palisade’s fast, lightweight wallet makes Ripple Custody the end-to-end provider for every institutional need, from long-term storage to real-time global payments and treasury management.”
### Ripple’s Strong Acquisition Spree in 2025
Following the conclusion of its four-year-long SEC lawsuit in early 2025, Ripple has embarked on an aggressive acquisition spree to broaden its service portfolio.
In April, Ripple acquired prime brokerage firm Hidden Road for $1.25 billion, enhancing its institutional client offerings and expanding access to a broader range of cryptocurrencies in the U.S. This was followed by the $200 million purchase of Canadian stablecoin platform Rail in August. More recently, just two weeks ago, Ripple completed a $1 billion acquisition of treasury management firm GTreasury, further solidifying its position in institutional blockchain finance.
### XRP at the Core of Ripple’s Vision
On October 24, Ripple CEO Brad Garlinghouse reaffirmed the company’s long-term vision, emphasizing XRP’s central role in its ecosystem. He stated:
“As we continue building solutions to enable an Internet of Value, I want to remind everyone that XRP remains at the core of everything Ripple does. Lock in.”
With these strategic acquisitions, Ripple is clearly positioning itself as a critical infrastructure provider in the growing world of institutional blockchain finance.
https://bitcoinethereumnews.com/tech/ripple-expands-enterprise-reach-with-another-acquisition-of-wallet-platform/