Venture
Ripple Acquires Palisade to Bolster Institutional Custody and Payments
The acquisition integrates Palisade's wallet-as-a-service technology to enhance Ripple's custody and payment solutions for enterprise clients.
November 4, 2025
Companies mentioned:
Ripple has acquired institutional wallet and custody firm Palisade.
The acquisition will integrate Palisade's wallet technology into Ripple Custody and Ripple Payments.
The move aims to enhance services for enterprise clients, focusing on global payments and treasury management.
Ripple has acquired Palisade, a digital asset wallet and custody company, to enhance its institutional-grade custody and payment services.
The integration of Palisade’s fast and scalable wallet solution is set to accelerate value transfer across Ripple's network, particularly for on/off ramps and global corporate payments.
This move strengthens Ripple's ability to serve crypto-native firms, fintech companies, and corporations by combining its existing bank-grade vault with Palisade’s lightweight wallet technology. The acquisition follows Ripple's 2023 purchase of custody firm Metaco and is part of a series of strategic acquisitions to expand its enterprise offerings.
Palisade’s technology, featuring multi-party computation (MPC) and multi-blockchain support, will be integrated into Ripple Custody and Ripple Payments. This signals Ripple's continued focus on building out a comprehensive suite of tools for institutional digital asset management, from long-term storage to real-time global treasury operations.
Read More:
https://ripple.com/ripple-press/ripple-acquires-palisade-to-offer-comprehensive-digital-asset-custody-solution/
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