Catenaa, Sunday, November 09, 2025-Ripple has acquired wallet technology firm Palisade, pushing its total crypto-related investments this year to nearly $4 billion as the company accelerates expansion in digital asset custody and corporate treasury services.
The acquisition strengthens Ripple’s position in institutional crypto infrastructure by enhancing its custody capabilities for fintechs, crypto-native firms, and corporate clients. Ripple did not disclose the financial terms of the Palisade deal.
The blockchain firm has aggressively expanded in 2025 through a series of acquisitions, including the $1.25 billion purchase of prime broker Hidden Road in April and a $200 million buyout of stablecoin platform Rail.
Last month, it also acquired GTreasury for $1 billion to access the multi-trillion-dollar corporate treasury market.
Ripple said integrating Palisade’s wallet and custody technology will make Ripple Custody an end-to-end platform for digital asset management, offering institutional-grade storage, real-time payments, and treasury management tools.
Palisade’s infrastructure features multi-party computation wallet technology and deep integration with major blockchains including XRP, Solana, and Ethereum, according to Ripple’s statement.
The acquisition highlights Ripple’s continued bet on corporate adoption of digital assets, positioning itself as a major player in regulated crypto storage and payments.
