Ripple Acquires Palisade to Expand Digital Asset Custody

Ripple, a financial technology company that offers crypto solutions for businesses, today announced the acquisition of digital asset wallet and custody company, Palisade. The acquisition will significantly expand Ripple’s custody capabilities to directly serve the core needs of fintechs, crypto-native firms, and corporates. Ripple Custody is designed for banks and financial institutions that want to safely secure digital assets, stablecoins, or Real World Assets (RWAs). With this acquisition, Ripple can now serve a broader set of customers...

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