Ripple Expands Institutional Crypto Infrastructure with Acquisition of Palisade
Ripple has expanded its push into institutional crypto infrastructure through the acquisition of Palisade, a digital-asset custody and wallet technology provider. This deal brings Ripple’s total investments in the crypto ecosystem to $4 billion, fueled by strategic acquisitions and platform development.
Over the past year, Ripple has been actively making key acquisitions to strengthen its position in the market. In April 2025, the company acquired Hidden Road, a prime brokerage, for $1.25 billion, enhancing Ripple’s liquidity capacity and institutional trading infrastructure access. Subsequently, Ripple purchased Rail, a stablecoin payment platform, for $200 million, boosting its real-time settlement and cross-border payment capabilities.
Just a month ago, Ripple acquired GTreasury, a corporate treasury administration platform, for $1 billion, marking its entry into the trillion-dollar corporate treasury market. This move expanded Ripple’s reach to Fortune 500 companies managing complex cash and liquidity systems. Now, with Palisade, Ripple aims to take its ambitions further by integrating custody and wallet technology that allows firms to manage their assets within a tightly controlled crypto environment.
Ripple Acquires Palisade to Deepen Custody and Wallet Capabilities
The acquisition of Palisade grants Ripple access to sophisticated multi-chain wallet technology alongside a top-tier custody facility. Palisade’s wallet-as-a-service platform enables fintechs and businesses of all sizes to securely store and manage digital assets.
According to Ripple’s press release on Monday, this acquisition will significantly enhance Ripple’s ability to hold and secure digital assets for fintech companies, crypto-focused businesses, and large enterprises across multiple blockchains. Monica Long, Ripple’s president, emphasized that corporations are expected to drive the next major phase of cryptocurrency adoption.
Long explained that by combining Ripple’s highly secure vault system with Palisade’s fast and lightweight wallet technology, Ripple can now offer institutions a comprehensive solution covering long-term storage, global payments, and treasury management.
The deal also enables Palisade wallets to utilize an easy-to-integrate API, facilitating the quick addition of multi-party computation (MPC) wallet technology. Palisade Custody offers governed storage solutions designed for secure management of digital assets.
Ripple’s Strategy: Targeting Corporate Adoption
As corporate involvement in the cryptocurrency space expands, experts anticipate more major acquisitions like Ripple’s will occur. Ripple positions this move as part of its broader goal to make crypto infrastructure accessible to large corporations, strengthening its role as a corporate partner in the digital asset ecosystem.
Ripple believes the next significant wave of adoption will come from corporations rather than crypto enthusiasts. Currently holding more than 75 regulatory licenses worldwide, Ripple offers one of the most comprehensive, regulatory-compliant custody and payment solutions across multiple jurisdictions among digital asset firms.
This compliance advantage is expected to be enhanced by the integration of Palisade, especially in the fast-growing digital asset custody sector, which faces increasing regulatory scrutiny and rising cybersecurity threats.
Expanding Beyond XRP: Multi-Chain Support and Ecosystem Integration
Importantly, the acquisition demonstrates Ripple’s commitment to supporting a broader range of digital ecosystems beyond XRP. Palisade’s technology supports tokens on Ethereum, Solana, and other blockchains, allowing Ripple to expand beyond its traditional forte.
Industry experts view this development as part of a larger trend in which leading blockchain companies are merging technologies to prepare for a significant influx of institutional participants into the digital asset sector.
There is a growing demand for regulatory-compliant, secure custody solutions among hedge funds, fintechs, and major corporations. With Palisade, Ripple plans to integrate this advanced custody and wallet technology into its existing platforms, including Ripple Payments and Ripple Custody.
The ultimate goal is to create a connected, end-to-end system enabling firms to store, transfer, and spend digital assets globally within Ripple’s platforms. Multi-chain support will be expanded to foster greater collaboration among blockchain networks. This development could pave the way for enhanced cross-border settlements and deeper integration of decentralized finance (DeFi) services for institutional clients.
Positioning Ripple Among Top Crypto Custodians
Experts predict that Ripple’s recent acquisitions will transform the company into a major contender alongside leading crypto custodians such as Coinbase Institutional, Fireblocks, and Anchorage Digital.
As Ripple continues to grow its institutional crypto infrastructure offerings, it is cementing its role as a pivotal player in the evolving digital asset ecosystem.
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