Ripple Acquires Crypto Wallet and Custody Firm Palisade

In brief

  • The firm will slide Palisade’s offerings into its Ripple Payments and Ripple Custody solutions.
  • Ripple acquired Hidden Road and GTreasury in billion dollar deals earlier this year.
  • Ripple ended a four-year legal battle with the SEC this August.

Ripple has acquired digital wallet provider and custody firm Palisade, the blockchain-based financial technology company announced on Monday, adding to its growing list of recent mega-purchases.  

The acquisition is expected to increase the firm’s custody capacity, allowing Ripple to better serve crypto-native firms, financial technology companies, and other corporations. 

“Secure digital asset custody unlocks the crypto economy and is the foundation that every blockchain-powered…

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