XRP News Today: Ripple Strengthens the Crypto Market Base Through Palisade Purchase

Ripple, a prominent fintech company focused on blockchain-driven solutions, has acquired Palisade, a digital asset wallet and custody provider, to enhance its institutional custody and payment services. Announced on November 3, 2025, the deal broadens Ripple’s capacity to deliver secure and scalable custody options for fintechs, crypto-focused businesses, and large enterprises, addressing the need for rapid transactions and regulatory compliance, as noted in a

.

By incorporating Palisade’s wallet-as-a-service platform into Ripple Custody—which is already relied upon by institutions such as BBVA, DBS, and Societe Generale—Ripple can now provide a complete, integrated custody solution. Palisade’s technology features robust security measures like Multi-Party Computation (MPC) and a zero-trust framework, along with quick wallet setup, support for multiple blockchains, and DeFi compatibility. These features empower clients to oversee digital assets across networks including the

Ledger (XRPL), , and while ensuring compliance and operational effectiveness.

"Reliable custody for digital assets is fundamental to the crypto sector," stated Monica Long, Ripple’s President. "As more corporations enter this space, they require dependable, regulated partners with ready-to-use solutions. The synergy of Ripple’s secure vault and Palisade’s agile wallet technology positions Ripple Custody as the comprehensive provider for institutional requirements," Long highlighted in the announcement.

This purchase represents Ripple’s fourth significant acquisition in 2025, following its takeovers of prime broker Hidden Road (now Ripple Prime), stablecoin infrastructure company Rail, and treasury management platform GTreasury, according to a

. Since 2023, Ripple has invested close to $4 billion in the crypto sector through targeted acquisitions and alliances.

Integrating Palisade’s technology into Ripple Payments further boosts real-time transaction processing, especially for recurring payments and high-volume treasury activities. Palisade’s wallet deployment system enables swift creation of secure wallets, allowing clients to expand their operations rapidly while retaining cryptographic asset control, as reported by

.

Ripple’s broadened custody solutions also support its ongoing regulatory strategy. With more than 75 licenses and registrations worldwide, the company aims to connect traditional financial systems with decentralized technologies. Its RLUSD stablecoin and XRP token are increasingly used to optimize liquidity and settlements for institutional customers.

This acquisition builds on Ripple’s 2023 purchase of Swiss custody provider Metaco and the recent introduction of Ripple Prime, a U.S.-based institutional brokerage enabling cross-margining of spot, swap, and futures trades. Experts observe that Ripple’s assertive growth strategy mirrors the rising demand for institutional-grade crypto infrastructure as banks and corporations accelerate their adoption of digital assets.