Ripple Strengthens Corporate Payments by Leveraging Palisade

Ripple's New Acquisition Move

Ripple has partnered with the crypto wallet and custody firm Palisade to develop real-time custody and payment services for financial technologies and enterprises. This acquisition will add fast and scalable wallet technology to Ripple's institutional custody offering.

The Palisade agreement, which is Ripple's fourth acquisition this year, follows the purchases of the primary broker Hidden Road, the stablecoin infrastructure firm Rail, and the corporate treasury management platform GTreasury.