With the acquisition, Ripple aims to provide quickly-deployable wallets to fintechs, corporates to boost crypto payments, ...

Fintech firm Ripple made another acquisition, this time snatching up wallet provider and custody firm Palisade on Monday.

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Kraster’s team of blockchain engineers, fintech specialists, and cybersecurity experts is currently showcasing the new Kraster Wallet at SiGMA Europe 2025 in Rome (November 3–6).

By merging Ripple’s “bank-grade vault” with Palisade’s wallet, Ripple aims to provide an end-to-end institutional infrastructure.