Ripple has acquired London-based Palisade, a digital asset wallet and custody infrastructure firm, marking its fourth acquisition in 2025 following Hidden Road, Rail, and GTreasury. Palisade’s MPC-based Wallet-as-a-Service platform—featuring AML screening, zero-trust security, and multi-chain management—will enhance Ripple’s institutional custody product, Ripple Custody, used by banks like BBVA and Société Générale. The integration will also strengthen Ripple’s payments platform, enabling scalable, secure wallet provisioning and efficient fund movement for corporate crypto adoption.
Ripple Bolsters Institutional Custody Capabilities With Palisade Acquisition