XRP News Today: Enhanced Custody Solutions Propel Ripple’s Institutional Blockchain Expansion

Ripple, a company specializing in blockchain-based financial technology, has purchased Palisade, a provider of digital asset wallets and custody services, to strengthen its crypto custody and payment offerings for institutional clients. Announced on November 3, 2025, this acquisition represents Ripple’s latest effort to broaden its infrastructure for fintechs, crypto-centric businesses, and large enterprises, as stated in

. Palisade’s “wallet-as-a-service” (WaaS) platform will be directly incorporated into Ripple Custody and Ripple Payments, boosting Ripple’s capacity to process rapid transactions, manage assets across multiple blockchains, and support decentralized finance (DeFi) activities, according to .

Monica Long, President of Ripple, highlighted that robust custody solutions are essential for blockchain’s mainstream adoption. “Corporations are set to lead the next major wave of crypto integration,” she said, emphasizing that institutions need reliable, regulated partners with scalable technology. The press release details that Palisade’s platform features Multi-Party Computation (MPC) for enhanced key protection, a zero-trust security model, and fast wallet setup, all of which support Ripple’s mission to deliver comprehensive custody services for institutional use cases, from secure storage to instant payments.

This acquisition is part of Ripple’s ongoing expansion, with the company investing over $4 billion in the crypto sector through mergers and acquisitions just this year. Major transactions include the $1.25 billion acquisition of prime broker Hidden Road (now Ripple Prime), the $200 million purchase of stablecoin platform Rail, and the $1 billion buyout of treasury management provider GTreasury. These strategic moves are designed to help Ripple compete with established financial infrastructure and meet the rising need for compliant and effective digital asset solutions, as

.

Ripple Custody is already trusted by leading institutions such as Absa Bank, BBVA, DBS, and Societe Generale, utilizing secure audit trails and cryptographic compliance systems. With the addition of Palisade, the platform will now support DeFi protocols and offer streamlined multi-chain asset management for blockchains like

Ledger, , and . The integrated solution is designed to support high-frequency applications, including fiat-to-crypto ramps and recurring payment models.

This deal comes on the heels of Ripple settling its four-year dispute with the U.S. Securities and Exchange Commission (SEC), as noted in

, enabling the company to shift its focus back to product innovation and market growth. Ripple’s stablecoin, RLUSD, has now exceeded $1 billion in market value, , further cementing its importance in institutional settlements. At the same time, XRP continues to rank as the fourth-largest cryptocurrency by market capitalization, despite recent price swings.

Ripple’s approach reflects a larger movement in which traditional financial institutions are embracing blockchain technology. With more than 75 regulatory licenses worldwide and strong partnerships with compliance firms like Chainalysis, Ripple aims to connect legacy financial systems with decentralized finance. As more corporations enter the crypto arena, Ripple’s enhanced custody and payment services are set to capture a growing share of the institutional market.