Ripple Acquires Palisade to Boost Custody, Rivals SWIFT
Ripple has acquired wallet-as-a-service provider Palisade—its fourth major deal of 2025 following Hidden Road, Rail and GTreasury—to integrate multi-asset custody technology into its custody and payments infrastructure. The move unifies XRP, RLUSD and Palisade’s secure wallet tools under a single ecosystem, accelerating institutional-grade digital asset custody and scalable on/off-ramp solutions. By bolstering real-time settlement, regulatory readiness and global transfer efficiency, Ripple aims to challenge SWIFT in cross-border payments and advance its Internet of Value vision. Traders can expect stronger XRP adoption, increased network liquidity and faster settlement speeds, marking a bullish development for Ripple’s enterprise blockchain services.
Bullish
This acquisition strengthens Ripple’s custody infrastructure by integrating Palisade’s wallet-as-a-service technology, enhancing institutional custody and on/off-ramp capabilities. Coupled with XRP’s role in real-time settlement and RLUSD for liquidity, the deal improves network efficiency and regulatory readiness. Historical M&A in the blockchain sector often boosts token adoption and market confidence. As Ripple challenges SWIFT in cross-border payments, traders can anticipate higher XRP demand, increased liquidity and faster settlement—factors that typically drive a bullish market response in both the short and long term.