The $4B acquisition spree continues as Ripple integrates Palisade’s custody tech into its institutional services, positioning for a corporate-driven crypto future.
Ripple Expands Institutional Reach
Ripple, the blockchain-based financial services company, has acquired crypto wallet and custody provider Palisade, marking its latest strategic move to expand its suite of institutional crypto offerings.
Announced Monday, the deal will see Palisade’s wallet-as-a-service platform integrated into Ripple Custody, Ripple’s crypto custody division built for banks and large financial institutions. The company said the acquisition aims to serve fintechs, crypto-native firms, and corporates seeking secure, compliant digital asset infrastructure.
“Corporates are poised to drive the next massive wave of crypto adoption,” said Monica Long, Ripple’s president.
“Just as we’ve seen major banks go from observing to actively building in crypto, corporates are now entering the market — and they need trusted, licensed partners with out-of-the-box capabilities.”
Boost to Ripple Payments and Custody Services
Ripple confirmed that Palisade’s wallet infrastructure will also be integrated into Ripple Payments, its cross-border payments platform, providing core technology for subscription payments and crypto-to-fiat collection systems.
The new functionality is expected to enhance Ripple’s support for high-speed use cases, including on/off-ramps, multi-chain transactions, and DeFi protocol integrations, enabling a broader range of institutional applications.
Part of Ripple’s $4B Acquisition Spree
The Palisade deal adds to Ripple’s aggressive 2025 expansion strategy. With over $4 billion spent on acquisitions this year, Ripple has been consolidating key players across trading, stablecoins, and digital treasury management.
Recent acquisitions include:
- GTreasury — a $1 billion purchase in October to power corporate crypto treasuries.
- Hidden Road — a $1.25 billion deal in April giving Ripple clients access to over-the-counter (OTC) crypto trading.
- Rail — a $200 million buyout of a stablecoin payments platform, expected to close in Q4 2025.
These moves follow the SEC’s dismissal of its long-running case against Ripple, freeing the company to re-enter U.S. expansion with a renewed institutional focus.
Corporate Crypto Adoption in Focus
Ripple’s leadership believes that corporate adoption — not retail speculation — will drive the next phase of crypto growth. With Palisade’s integration, Ripple aims to position itself as the go-to infrastructure provider for businesses transitioning into blockchain-based payments, tokenized assets, and crypto treasuries.
By aligning with banks, corporates, and fintechs, Ripple is evolving from a cross-border payments company into a full-fledged institutional crypto infrastructure provider.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.