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Ripple acquires Palisade to boost custody services

RECENTLY ACQUIREDNov 03, 2025

Acquiring Company

XRP

Acquired Company

Palisade

San FranciscoLondonInformation TechnologyFinancial ServicesAdvertisingFinanceFintechBlockchainCryptocurrencyLendingMarketingFinancial ServicesFinanceVenture CapitalAngel InvestmentBlockchain

Description

Ripple has acquired Palisade, enhancing its digital asset custody capabilities. This acquisition will allow Ripple to serve fintechs and corporates more effectively. Palisade's wallet technology complements Ripple’s offerings, providing secure solutions for institutional customers. The move marks Ripple's ongoing expansion in the digital asset ecosystem.

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Company Information

Company

XRP

Location

600 Battery Street

San Francisco, California, United States

About

XRP is a digital currency and the native asset of the XRP Ledger. Known for its speed and efficiency, XRP facilitates international transactions. The currency has gained popularity among financial institutions for cross-border payments. It aims to provide a seamless and cost-effective alternative to traditional banking methods.

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Frequently asked

Who acquired Palisade?

Palisade was acquired by XRP, based in San Francisco. The deal was reported on November 3, 2025. XRP is a digital currency and the native asset of the XRP Ledger. Known for its speed and efficiency, XRP facilitates international transactions. XRP is privately held and operates in Information Technology.

When did XRP acquire Palisade?

XRP's acquisition of Palisade was reported on November 3, 2025. Ripple has acquired Palisade, enhancing its digital asset custody capabilities. This acquisition will allow Ripple to serve fintechs and corporates more effectively. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Palisade do?

Palisade is on a mission to transform security in the digital asset space. It is publicly traded (PALI), operating in Financial Services, and is based in London.

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