Ripple Acquires Palisade to Boost Custody Services
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Ripple has acquired Palisade, a digital asset custody platform, marking another milestone in its 2025 acquisition streak.
The deal enhances Ripple’s custody offerings for banks, corporates, and crypto-native firms, integrating Palisade’s wallet-as-a-service technology with Ripple Custody and Ripple Payments.
“Secure digital asset custody unlocks the crypto economy…that’s why it’s central to Ripple’s product strategy,” said Monica Long, Ripple President.
Palisade brings features like Multi-Party Computation (MPC), multi-chain support, zero-trust architecture, and DeFi integration, helping Ripple offer scalable infrastructure and real-time transactions.