Ripple Announces Yet Another Major Acquisition
The post Ripple Announces Yet Another Major Acquisition appeared com. Enterprise blockchain company Ripple has announced the acquisition of digital asset wallet and custody infrastructure firm Palisade. The latest move is meant to enhance Ripple’s custody business, which was initially launched in October 2024. Paladise specializes in quickly deploying wallets at scale with multi-chain support. Notably, it is already integrated with the XRP Ledger. You Might Also RP cryptocurrency, has now shelled out more than $4 billion on a slew of acquisitions and investments. Recently, the company announced that it had agreed to buy treasury management firm GTreasury for $1 billion. Earlier this year, Ripple also bought prime brokerage Hidden Road, which has been rebranded as “Ripple Prime,” and stablecoin payments platform Rail. Source:. Continue reading Ripple Announces Yet Another Major Acquisition