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Ripple Expands Enterprise Reach With Another Acquisition of Wallet Platform

The post Ripple Expands Enterprise Reach With Another Acquisition of Wallet Platform appeared com. The acquisition of wallet platform Palisade aligns with Ripple’s strategy to evolve from a fintech provider into a core infrastructure player for institutional blockchain finance. The acquisition marks Ripple’s fourth major deal in 2025, following purchases of Hidden Road ($1. 25B), Rail ($200M), and GTreasury ($1B). Blockchain startup Ripple continues to make significant market moves, with the latest being the acquisition of a wallet-as-a-service (WaaS) platform, Palisade. Through this acquisition, the XRP-parent firm aims to expand its institutional custody and payments capabilities. Ripple Acquires Palisade to Strengthen Institutional Blockchain Infrastructure The latest acquisition of Palisade’s wallet technology will help in the integration into Ripple’s next-generation custody and payments infrastructure, offering secure, enterprise-grade solutions for institutions globally. With this acquisition, Ripple gains full-stack control of the digital asset lifecycle, leveraging XRP for instant settlement, RLUSD for institutional liquidity, and Palisade’s technology for multi-asset custody, as reported by CNF. The integration marks a major step toward Ripple’s vision of becoming a foundational layer for institutional blockchain finance. Ripple noted that this move confirms its transition beyond traditional fintech tools. Besides, it will also help the blockchain firm position itself to build the underlying architecture for a new financial system powered by blockchain technology. Speaking on the development, 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. Blockchain Firms on Strong Acquisition Spree RP-linked fintech firm has been.