{"id":15107,"date":"2025-11-04T06:00:01","date_gmt":"2025-11-04T06:00:01","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ripple-expands-institutional-custody-with-palisade-wallet-acquisition\/"},"modified":"2025-11-04T06:00:12","modified_gmt":"2025-11-04T06:00:12","slug":"ripple-expands-institutional-custody-with-palisade-wallet-acquisition","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ripple-expands-institutional-custody-with-palisade-wallet-acquisition\/","title":{"rendered":"Ripple expands institutional custody with Palisade wallet acquisition"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ripple is deepening its push into digital asset infrastructure with a strategic acquisition that will strengthen its institutional products.<\/p>\n<div id=\"cn-block-summary-block_546898b959b2922b7eb535f0f029139d\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ripple has acquired wallet and custody firm Palisade to expand institutional services.<\/li>\n<li>Palisade\u2019s MPC wallet tech will integrate into Ripple Custody and Payments.<\/li>\n<li>The deal follows Ripple\u2019s $1B GTreasury and $1.25B Hidden Road acquisitions.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ripple has made another major move to enhance its institutional offerings, acquiring digital asset wallet and custody provider Palisade.<\/p>\n<p>According to a Nov. 3 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.businesswire.com\/news\/home\/20251103696300\/en\/Ripples-Custody-Momentum-Continues-Acquires-Palisade-to-Offer-Comprehensive-Digital-Asset-Custody-Solution\" target=\"_blank\" rel=\"nofollow\">press release<\/a>, the deal will allow Ripple to expand its custody infrastructure and directly serve fintechs, corporates, and crypto-native firms that need secure digital asset storage and transaction tools.<\/p>\n<h2 class=\"wp-block-heading\">Expanding Ripple\u2019s custody and payments reach<\/h2>\n<p>The acquisition brings Palisade\u2019s \u201cwallet-as-a-service\u201d technology into Ripple\u2019s growing suite of enterprise products. Palisade\u2019s platform combines multi-party computation, zero-trust architecture, and multi-chain support, making it suitable for fast and secure transactions across networks such as XRP Ledger, Ethereum, and Solana.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Integrating Palisade\u2019s technology will enhance Ripple Custody and Ripple Payments, enabling clients to manage everything from real-time settlements to high-frequency treasury operations under one system.\u00a0<\/p>\n<p>This approach supports use cases like corporate on-ramps, off-ramps, and subscription payments while maintaining compliance and auditability.<\/p>\n<h2 class=\"wp-block-heading\">A year of aggressive expansion<\/h2>\n<p>The move adds to a string of acquisitions and launches by Ripple in 2025. Earlier in late October, the company unveiled Ripple Prime, a U.S.-based digital asset prime brokerage built from its $1.25 billion Hidden Road acquisition. It also closed a $1 billion purchase of treasury software firm GTreasury, integrating crypto settlements into traditional finance systems.<\/p>\n<p>Ripple President Monica Long said that \u201csecure digital asset custody unlocks the crypto economy,\u201d noting that corporates and financial institutions are now seeking \u201cbank-grade\u201d partners as they enter the market. Ripple Custody is already used by institutions such as DBS, Societe Generale\u2013FORGE, BBVA, and Absa Bank.<\/p>\n<p>With over 75 global regulatory licenses, Ripple continues to position itself as a bridge between traditional finance and decentralized markets. The Palisade deal further strengthens that goal by combining Ripple\u2019s infrastructure with Palisade\u2019s wallet technology to support both custody and real-time payments.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ripple is deepening its push into digital asset infrastructure with a strategic acquisition that will strengthen its institutional products. Summary Ripple has acquired wallet and custody firm Palisade to expand&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15107"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15107\/revisions"}],"predecessor-version":[{"id":15108,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15107\/revisions\/15108"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1359"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}