Ripple has taken another step in its long-running campaign to reshape global payments, this time acquiring Palisade, a digital asset custody infrastructure company. The deal marks the company’s fourth acquisition in recent months and is a clear escalation in what many describe as the company’s competition with SWIFT, the dominant global payment messaging network.
Ripple makes another major acquisition
Palisade announced the acquisition at X, noting that its wallet-as-a-service technology will now form part of Ripple’s next-generation payments and custody infrastructure. The startup noted that its platform will help power the company’s next-generation payments and custody infrastructure to bring its technology to businesses around the world.
Vibe He also confirmed the news. with a corresponding statement, describing the acquisition as an important step in advancing institutional-grade digital asset custody.
Ripple said Palisade’s scalable wallet solution is ideal for on- and off-ramps and corporate payments, adding that the integration accelerates the transfer of value between Ripple Payments and Custody.
The company’s post ended with a bold statement that highlighted the importance of secure custody to the on-chain economy, linking the acquisition to its broader goal of building what it calls the Internet of Value.
XRP analysts and crypto market commentators have described the The acquisition news is bullish for XRP. XRP, on the other hand, is witnessing a continuous price decline. along with the rest of the crypto market.
The battle against SWIFT continues
The Palisade purchase is just the latest in a series of aggressive acquisitions by Ripple in 2025. In April, Ripple announced the acquisition of top brokerage firm Hidden Road for $1.25 billion. and rebranding to Ripple Prime, a deal that significantly expanded its reach in institutional liquidity and trading services.
Just a few months later, it finalized its $200 million acquisition of stablecoin platform Rail. This was followed by its $1 billion investment. GTreasury acquisitiona treasury management company, in October.
In total, the payment company he says he has deployed approximately $4 billion into the crypto ecosystem through a combination of mergers, acquisitions, and strategic investments. Each of these moves strengthens its infrastructure to handle all aspects of value transfer, from custody and liquidity to stablecoin issuance and institutional agreements, forming the backbone of its long-term plan to challenge SWIFT’s global dominance in cross-border transactions.
As the company continues to expand its infrastructure with acquisitions like Palisade, analysts see these moves as part of a broader strategy to build a vertically integrated financial ecosystem. which can rival SWIFT’s legacy domain.
Meanwhile, Ripple’s highly anticipated SWELL 2025 event is already underway after kicking off yesterday, bringing together key partners, regulators and financial executives from around the world to discuss the company’s vision for the next era of blockchain-based finance. For the first time, the event will would include a representative from the White House.
Featured image from iStock, chart from Tradingview.com
Editorial process for bitcoinist focuses on providing thoroughly researched, accurate and unbiased content. We maintain strict sourcing standards and every page undergoes diligent review by our team of technology experts and experienced editors. This process ensures the integrity, relevance and value of our content to our readers.
