Ripple Labs has announced the acquisition of Palisade, a digital asset custody firm, in a move aimed at strengthening its infrastructure for banks, corporates, and institutional clients. The company plans to integrate Palisade’s “wallet-as-a-service” technology into its Ripple Custody division, broadening its suite of licensed crypto storage and treasury solutions.
According to Ripple President Monica Long, institutional demand for regulated crypto infrastructure is accelerating as more enterprises explore blockchain-based payment and liquidity tools. “Corporates are becoming a major driver of crypto adoption,” Long said, noting that companies are looking for compliant, production-ready custody systems rather than speculative retail-facing products.
Integration to Support Payments and Multi-Network Operations
Ripple stated that the acquisition will also enhance its Payments offering, enabling high-throughput scenarios such as cross-border currency conversions, recurring corporate settlement flows, and blockchain-based treasury operations. The new tools will support multiple chains and DeFi protocols, positioning Ripple as a provider of interoperable institutional crypto infrastructure.
Part of Ripple’s Broader 2025 M&A Strategy
The Palisade deal continues Ripple’s aggressive acquisition strategy in 2025, which has focused on building a vertically integrated ecosystem for enterprise digital asset services. Ripple has spent over $4 billion on crypto-related acquisitions this year alone.
Key deals include:
| Company | Deal Value | Strategic Focus |
|---|---|---|
| Hidden Road (April 2025) | ~$1.25B | OTC crypto brokerage access in the U.S. |
| Rail (August 2025) | ~$200M | Stablecoin-based payments infrastructure |
| GTreasury (October 2025) | ~$1B | Enterprise crypto treasury and liquidity management |
Analysts say the consolidation strategy positions Ripple as a direct competitor to traditional fintech networks and legacy payment rails, particularly in cross-border finance and corporate treasury automation.
Ripple Strengthens Institutional Positioning
Industry observers note that Ripple is effectively building a full-stack institutional crypto service layer, combining custody, payments, treasury operations, and liquidity routing. This shift aligns with a broader market narrative: corporate blockchain adoption is rising while retail speculation cools.
Earlier, it was reported that Ripple co-founder Chris Larsen realized over $764 million in profit from XRP token sales — a detail that continues to fuel discussions around Ripple’s capital strategy and expansion plans.
