Ripple Completes Fourth Major Acquisition of 2025 in Palisade Deal
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Ripple, the blockchain-based financial technology company behind the XRP Ledger, has acquired Palisade, a provider of secure digital asset wallets and custody solutions. The acquisition marks the company’s fourth major acquisition in 2025. Announced on November 3, the deal aims to enhance Ripple Custody by integrating Palisade’s wallet-as-a-service technology.
The financial details of the Palisade deal are not public. But it fits Ripple’s overall plan, which has involved about $4 billion in investment in 2025.
Ripple Adds Palisade in Latest Acquisition
Ripple has capped its major acquisitions so far in 2025, having acquired Palisade, its fourth, for security benefits. The move aligns well with Ripple’s goals and is part of the company’s broader strategy, following previous significant acquisitions. Palisade operates digital wallets that utilize a zero-trust design and can be set up quickly through an API, enhancing Ripple’s custody platform.
Its Multi-Party Computation technology eliminates single points of failure in key management, thereby enhancing security. Palisade also enables fast transactions on blockchain networks like XRP Ledger, Ethereum, and Solana, which helps banks and financial institutions create wallets efficiently.
Ripple President Monica Long highlighted the role of Palisade in enabling real-time treasury operations.
“Secure digital asset custody unlocks the crypto economy and is the foundation that every blockchain-powered business stands on—that’s why it’s central to Ripple’s product strategy,” Long said.
Ripple’s 2025 Acquisition Spree
The Palisade deal has only swelled Ripple’s major acquisition tallies so far in 2025. In April, the blockchain company purchased Hidden Road for $1.25 billion. This led to the creation of Ripple Prime, a U.S.-based brokerage that handles over $3 trillion in transactions annually for more than 300 institutions. The move also helped strengthen the collateral for Ripple’s RLUSD stablecoin.
In August, the company acquired Rail for $200 million, adding B2B stablecoin capabilities and aiming to process 10% of the $36 billion global payment market. In mid-October, Ripple secured GTreasury for $1 billion, enhancing tools for cash forecasting and foreign exchange risk management for Fortune 500 clients. GTreasury processes $12.5 trillion yearly across 13,000 banks.
These deals demonstrate how Ripple is evolving from just a payment processor to a comprehensive financial hub. This change gives access to tokenized assets and the repo market. Meanwhile, market fluctuations have impacted the short-term value of XRP, which is currently priced at $2.30.
The post Ripple Completes Fourth Major Acquisition of 2025 in Palisade Deal appeared first on CoinTab News.
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