Ripple has moved to further enhance its digital asset custody capabilities by acquiring Palisade, a UK-based firm known for its wallet and crypto storage technology. The deal is positioned to extend Ripple’s service offerings to a wider base of enterprise clients that require secure yet flexible digital asset management tools.
Palisade, which was established in 2022, has built a lightweight wallet-as-a-service infrastructure designed for institutional use. Its platform is said to combine Multi-Party Computation with a zero-trust architecture, allowing for rapid wallet setup, compatibility across multiple blockchain networks, and direct support for decentralized finance applications. The technology is regarded as suitable for firms that require fast, scalable, and secure digital asset transactions.
By integrating Palisade’s product suite, Ripple intends to offer an expanded range of custody solutions that address both long-term storage and high-frequency transactional needs. The acquisition is expected to support use cases involving instant settlement, payment flows, treasury operations, and seamless on/off ramps between traditional and digital assets.
Expanding Services for Institutional Adoption
Ripple’s president, Monica Long, indicated that the company believes the next major phase of crypto adoption will come from corporates seeking regulated and reliable partners. She suggested that the combination of Ripple’s institutional-grade vault and Palisade’s agile wallet framework positions Ripple Custody as a full-spectrum provider designed to fit multiple operational requirements, from safeguarding holdings to enabling real-time asset transfers.
@palisadeinc has been acquired by @Ripple 🎉
Our wallet-as-a-service platform will help power Ripple's next-gen custody and payments infrastructure, bringing our technology to businesses worldwide. Same team, now at enterprise scale.
This is just the beginning 🚀 pic.twitter.com/G1en6AySYz
— Palisade (@palisadeinc) November 3, 2025
The move reflects Ripple’s strategy to position itself as a comprehensive infrastructure provider for enterprises interacting with the digital asset economy. The firm appears to be targeting institutions that want turnkey solutions instead of building their own technology stacks.
Fourth Acquisition in 2024
This acquisition is the fourth major deal executed by Ripple within the digital asset sector this year. Earlier purchases included prime brokerage platform Hidden Road, stablecoin payments company Rail, and treasury management system provider GTreasury. Collectively, those transactions were reported to have cost approximately $4 billion, signaling an aggressive consolidation strategy focused on broadening Ripple’s product ecosystem.
The acquisition terms for Palisade were not publicly disclosed, but industry observers note that Ripple is steadily extending its reach beyond cross-border payments into a multi-layered enterprise crypto infrastructure business.
With this latest move, Ripple appears to be aligning its custody and wallet offerings with growing institutional expectations, especially as more corporates explore blockchain-based payment systems, tokenization, and real-time settlement models.