Ripple Makes Another Major Acquisition As Battle Against SWIFT Rages On

Ripple has made yet another move in its long-running campaign to reshape global payments, this time acquiring Palisade, a digital asset custody infrastructure ￰0￱ deal marks the company’s fourth acquisition in recent months and is a clear escalation in what many describe as the company’s competition with SWIFT, the dominant global payments messaging ￰1￱ Makes Another Major Acquisition Palisade announced the acquisition on X, noting that its wallet-as-a-service technology will now form part of Ripple’s next-generation payments and custody ￰2￱ startup noted that its platform will help power the firm’s next-gen custody and payments infrastructure in order to bring its technology to businesses ￰3￱ also confirmed the news with a corresponding statement, describing the acquisition as a major step in advancing institutional-grade digital asset ￰4￱ said Palisade’s scalable wallet solution is ideal for on-and off-ramps and corporate payments, adding that the integration accelerates value transfer across Ripple Payments and ￰5￱ company’s post ended with a bold statement that noted the importance of secure custody to the on-chain economy, linking the acquisition to its broader goal of building what it calls the Internet of ￰6￱ analysts and crypto market commentators have described the acquisition news as bullish for XRP.

XRP, on the other hand, is witnessing an ongoing price crash alongside the rest of the crypto ￰7￱ Battle Against SWIFT Rages On The Palisade purchase is only the latest in a string of aggressive acquisitions by Ripple in ￰8￱ April, Ripple announced its acquisition of the prime brokerage firm Hidden Road for $1.25 billion and rebranding to Ripple Prime, a deal that significantly expanded its reach in institutional liquidity and trading ￰9￱ months later, it finalized the acquisition of stablecoin platform Rail for $200 ￰10￱ was followed by its $1 billion acquisition of GTreasury , a treasury management firm, in October. Altogether, the payment firm says it has deployed approximately $4 billion into the crypto ecosystem through a mix of mergers, acquisitions, and strategic ￰11￱ of these moves strengthens its infrastructure to handle every aspect of value transfer from custody and liquidity to stablecoin issuance and institutional settlements, forming the backbone of its long-term plan to challenge SWIFT’s global dominance in cross-border ￰12￱ the firm continues to scale its infrastructure with acquisitions like Palisade, analysts view these moves as part of a broader strategy to build a vertically integrated financial ecosystem that can rival SWIFT’s legacy dominance.

Meanwhile, Ripple’s highly anticipated SWELL 2025 event is already underway after kicking off yesterday, bringing together key partners, regulators, and financial executives from around the world to discuss the company’s vision for the next era of blockchain-based ￰13￱ the first time ever, the event is going to include a representative from the White House.