Ripple has acquired Palisade, a London-based firm that offers wallet-as-a-service and institutional custody 1 to company statements and industry reports, the deal adds capabilities for corporations and fintech clients that want ready-made wallets and custodial 2 price was not 3 Brings Wallet Tech And MPC Palisade’s stack includes multi-party computation (MPC) for key management and support for multiple blockchains, including XRPL, Ethereum and 4 on reports , the firm has experience with rapid wallet provisioning and a model that appeals to firms that do not want to build custody from 5 also holds regulatory ties in Europe, including a French custodian license alongside its UK presence. @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 6 team, now at enterprise 7 is just the beginning 8 — Palisade (@palisadeinc) November 3, 2025 Custody And Payments Options According to Ripple, the acquisition is meant to boost its ability to serve corporates and crypto firms with custody tied into payments 9 company already points to a broad regulatory footprint, with 75+ licenses claimed around the 10 sources estimate Ripple’s M&A activity in crypto infrastructure at about $4 billion so far, driven by a string of purchases aimed at broadening its 11 to Monica Long, Ripple president, corporates are “poised to drive the next massive wave of crypto adoption.” Institutional-grade asset custody just got supercharged.
We’re acquiring @palisadeinc : 0 Palisade offers a fast and scalable wallet solution, ideal for on/off ramps and global corporate payments – this integration accelerates value transfer across Ripple… — Ripple (@Ripple) November 3, 2025 What Was Disclosed And What Wasn’t Reports have disclosed product and technical details, but not the deal 12 omission leaves room for questions on how Palisade will be folded into Ripple’s existing products and which markets will get the new combined offering 13 plans were not given in full detail, and observers say timing could shape how quickly customers see 14 Effects On Customers And XRP Use Some clients may get faster time to market for wallets and custodial services because they can use Palisade’s WaaS model under Ripple’s 15 could matter to nonbank corporates and fintechs that are testing tokenization and digital-asset 16 the move will push more direct use of XRP in corporate flows was not clarified in public statements.
A more tightly knit custody and payment stack could influence sentiment, but any effect on token demand would depend on product choices that have not yet been 17 will watch for three things: where the combined service will launch first, how the firms handle licensing across jurisdictions, and how quickly key management systems get 18 also raise the question of competition, since other custody and wallet providers are expanding 19 Ripple positions Palisade — as a back-end tool, a branded offering, or something in between — will shape customer 20 image from Gemini, chart from TradingView
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