Ripple Acquires Crypto Wallet Firm Palisade to Expand Institutional Payments Business

Ripple has officially announced its acquisition of the cryptocurrency wallet company Palisade, a strategic move aimed at enhancing and expanding its institutional payments business. This acquisition reflects Ripple's commitment to providing comprehensive financial solutions and strengthening its position in the ever-evolving landscape of digital currencies and blockchain technology. By integrating Palisade's innovative wallet services, Ripple seeks to improve its offerings for institutional clients, streamline payment processes, and foster increased adoption of cryptocurrency in large-scale financial operations. source: https://www.coindesk.com/business/2025/11/03/ripple-acquires-crypto-wallet-firm-palisade-to-expand-institutional-payments-business