Ripple Makes Another Key Acquisition While XRP Extends 15% Weekly Slide
Ripple has acquired Palisade, a digital asset custody platform, marking one other key addition to its acquisition streak this yr.
The firm didn’t share monetary particulars of the deal. However, it revealed that it has invested round $4 billion within the crypto ecosystem by way of investments, mergers, and acquisitions.
Palisade Purchase Expands Ripple’s Reach
Ripple made the acquisition to reinforce its custody companies, focusing on monetary establishments, corporates, and crypto-native companies. This transfer integrates Palisade’s wallet-as-a-service know-how with Ripple Custody and Ripple Payments, strengthening Ripple’s place in institutional digital asset infrastructure.
“Secure digital asset custody unlocks the crypto economic system and is the inspiration that each blockchain-powered enterprise stands on—that’s why it’s central to Ripple’s product technique,” Ripple’s President, Monica Long, stated.
Palisade gives superior options, together with Multi-Party Computation (MPC), zero-trust structure, multi-chain assist, and DeFi integration. This integration will allow Ripple to provide high-speed pockets provisioning, scalable infrastructure, options for subscription funds, and real-time transactions.
Palisade’s API-first structure enhances Ripple’s existing offerings, that are already trusted by main banks reminiscent of Absa, BBVA, DBS, and Societe Generale, in addition to FORGE and others.
“The mixture of Ripple’s bank-grade vault and Palisade’s quick, light-weight pockets makes Ripple Custody the end-to-end supplier for each institutional want, from long-term storage to real-time international funds and treasury administration,” Long added.
Ripple’s Strategic Investments in 2025
The Palisade deal follows a number of notable acquisitions that reshaped Ripple’s companies. BeInCrypto reported that the firm accomplished the $1.25 billion acquisition of Hidden Road in late October.
The firm rebranded it as Ripple Prime and launched institutional over-the-counter (OTC) trading for digital property in early November. Additionally, Ripple spent $1 billion to amass treasury administration software program supplier GTreasury. It has additionally agreed to purchase Rail for $200 million.
Ripple’s string of acquisitions comes throughout a surge in crypto M&A offers. Architect Partners reported that in Q3, crypto M&A totaled over $10 billion—a 100% enhance from the prior quarter. This exercise was heightened by regulatory modifications following Trump’s presidency.
“For the second quarter in a row, seven introduced transactions over $100 million, excluding deSPAC reverse mergers,” Architect Partners highlighted.
Despite Ripple’s progress, XRP continues to face market volatility. Amid the broader market drop, XRP has misplaced 5.46% of its worth, extending its weekly decline to almost 15%. At press time, it was trading at $2.27.
As Ripple expands its institutional enterprise—spanning custody, funds, and prime brokerage—questions across the hole between the company’s corporate growth and XRP’s worth efficiency stay. The upcoming months will reveal whether or not Ripple’s investments drive actual demand for XRP.
The submit Ripple Makes Another Key Acquisition While XRP Extends 15% Weekly Slide appeared first on BeInCrypto.
