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Ripple Buys Palisade to Bolster Institutional Custody and Payments

The purchase brings wallet-as-a-service plus MPC into Ripple’s institutional stack to speed wallet deployment for corporates, fintechs, crypto-native firms.

Overview

  • Ripple will integrate Palisade’s API-first wallet-as-a-service into Ripple Custody and Ripple Payments to support institutional clients.
  • Palisade contributes MPC key management, zero-trust architecture, multi-chain support and DeFi connectivity for rapid, secure wallet provisioning.
  • Ripple says the combined offering targets high-frequency flows such as on/off-ramps, subscription billing, and real-time treasury operations.
  • Terms of the deal were not disclosed, with the acquisition adding to roughly $4 billion in 2025 purchases including Hidden Road (now Ripple Prime), GTreasury, and Rail.
  • Ripple cites more than 75 regulatory licenses globally and the resolution of its SEC case as the foundation for its expanded institutional push.