Ripple Acquires Palisade to Strengthen Institutional Crypto Services

Ripple has acquired Palisade, a digital asset custody infrastructure company, marking its fourth acquisition in recent months. This strategic move aims to enhance Ripple's institutional capabilities and drive cryptocurrency adoption among corporations. By bolstering its offerings for fintech clients and improving wallet and custodial services, Ripple positions itself as a key player in the digital asset space, challenging traditional payment systems like SWIFT.