Ripple Acquires Palisade to Boost Business Crypto Use

Ripple Acquires Palisade to Expand Crypto Tools for Enterprises

Written by Aaron S.,

Editor-In-Chief

Last Updated: November 04, 2025

Key Takeaways

Ripple has acquired Palisade to enhance its crypto custody and wallet services for banks, fintechs, and corporate clients;
Palisade’s wallet tools will support Ripple Custody and Ripple Payments, which enable features like recurring and cross-border transactions;
Ripple sees large corporations as central to future crypto adoption and aims to offer them secure, ready-to-use infrastructure.

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Ripple, the company behind XRP XRP $2.23 , has taken over Palisade, a company that develops digital asset wallets and custody tools.

Ripple shared that Palisade’s wallet platform will be added to Ripple Custody, which provides secure storage solutions for banks and similar organizations.

The goal is to support a wide range of clients, including fintech startups, companies already operating in crypto, and large businesses exploring digital assets with reliable technology partners.

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According to Ripple’s president, Monica Long, larger companies are expected to play a key role in expanding the use of crypto. She noted that, as banks have moved from observing to participating in crypto, major corporations are beginning to step in.

She said these organizations are looking for reliable partners who offer secure, ready-to-use tools.

In addition to its integration with Ripple Custody, Palisade’s wallet technology will also be used in Ripple Payments, the firm’s solution for sending money across borders. According to Ripple, this will help power recurring payments, like subscriptions or automated collections.

The company also noted that these new services are designed to support fast-moving payment needs. This includes the ability to easily convert between cryptocurrencies and government-issued money, interact with different blockchain networks, and work with decentralized finance (DeFi) systems.

On October 9, Ripple partnered with Bahrain Fintech Bay (BFB). What is the goal of the partnership? Read the full story.