Ripple Expanding Institutional Crypto Capabilities With Acquisition of Palisade

Ripple has announced the acquisition of Palisade, a digital asset wallet and custody technology company, in a move that broadens its offerings to fintechs, corporates, and crypto-native institutions. The deal strengthens Ripple’s position as a comprehensive provider of secure digital asset custody and payment infrastructure.

Ripple Custody, which already serves leading financial institutions such as Absa Bank, BBVA, DBS, and Societe Generale – FORGE, is built to provide bank-grade security for digital assets, stablecoins, and tokenized real-world assets. With the addition of Palisade’s “wallet-as-a-service” platform, Ripple can now serve customers with higher transaction speeds, real-time payments, and scalable…

Source link