Ripple Turns To Big Business, Buys Palisade To Spark Global Crypto Use

bitcoinistОпубліковано о 2025-11-04Востаннє оновлено о 2025-11-04

Анотація

Ripple has acquired Palisade, a London-based firm that offers wallet-as-a-service and institutional custody tools. According to company statements and industry...

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ripple has acquired Palisade, a London-based firm that offers wallet-as-a-service and institutional custody tools. According to company statements and industry reports, the deal adds capabilities for corporations and fintech clients that want ready-made wallets and custodial support. The price was not disclosed.

Related Reading: Bitcoin Mining Frenzy Turns Iran Into A ‘Paradise For Illegal Miners’ – CEO

Palisade Brings Wallet Tech And MPC

Palisade’s stack includes multi-party computation (MPC) for key management and support for multiple blockchains, including XRPL, Ethereum and Solana.

Based on reports, the firm has experience with rapid wallet provisioning and a model that appeals to firms that do not want to build custody from scratch. Palisade also holds regulatory ties in Europe, including a French custodian license alongside its UK presence.

Custody And Payments Options

According to Ripple, the acquisition is meant to boost its ability to serve corporates and crypto firms with custody tied into payments workflows.

The company already points to a broad regulatory footprint, with 75+ licenses claimed around the world. Industry sources estimate Ripple’s M&A activity in crypto infrastructure at about $4 billion so far, driven by a string of purchases aimed at broadening its services.

According to Monica Long, Ripple president, corporates are “poised to drive the next massive wave of crypto adoption.”

What Was Disclosed And What Wasn’t

Reports have disclosed product and technical details, but not the deal amount. That omission leaves room for questions on how Palisade will be folded into Ripple’s existing products and which markets will get the new combined offering first.

Integration plans were not given in full detail, and observers say timing could shape how quickly customers see changes.

XRP market cap currently at $136 billion. Chart: TradingView

Possible Effects On Customers And XRP Use

Some clients may get faster time to market for wallets and custodial services because they can use Palisade’s WaaS model under Ripple’s umbrella. That could matter to nonbank corporates and fintechs that are testing tokenization and digital-asset payments.

Whether the move will push more direct use of XRP in corporate flows was not clarified in public statements. A more tightly knit custody and payment stack could influence sentiment, but any effect on token demand would depend on product choices that have not yet been announced.

Related Reading: Protect Your Wealth With Bitcoin: Kiyosaki Signals Beginning Of ‘Massive Crash’

Analysts will watch for three things: where the combined service will launch first, how the firms handle licensing across jurisdictions, and how quickly key management systems get merged.

Reports also raise the question of competition, since other custody and wallet providers are expanding too. How Ripple positions Palisade — as a back-end tool, a branded offering, or something in between — will shape customer interest.

Featured image from Gemini, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
Christian Encila

Christian Encila

Follow

Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

Full Profile

Related Posts

Best Wallet Presale Nears End After Raising $16.7M

Best Wallet Presale Nears End After Raising $16.7M — Final 24 Days to Buy $BEST Before Exchange Listings

6 hours ago
$BTC Price Prediction After Crash to $105K: $HYPER Hits $25.7M

$BTC Price Prediction After Crash to $105K: $HYPER Hits $25.7M

9 hours ago
Solana ETFs Are Green Despite Hawkish Fed: Promising Altcoins Like PEPENODE Amp Up

Solana ETFs Are Green Despite Hawkish Fed: Promising Altcoins Like PEPENODE Amp Up

9 hours ago
Wall Street's Matador Plans to Buy $100M Bitcoin Dip: $HYPER Is Best Crypto to Buy Now

Matador Secures $100M to Stack Bitcoin – Bitcoin Hyper Brings the Utility to $BTC

10 hours ago
David Sacks Calls Crypto ‘The Industry of the Future’ — $BEST Stands Out Despite the Dip

David Sacks Calls Crypto ‘The Industry of the Future’ — $BEST Stands Out Despite Dip

10 hours ago
Crypto whales kopen massaal Cardano - ADA koers analyse na crypto crash

Crypto whales kopen massaal Cardano – ADA koers analyse na crypto crash

11 hours ago

Пов'язані матеріали

EU Grants Regulatory Bodies Authority to Block Crypto Platforms from Third Countries

The European Union has expanded its sanctions targeting the use of cryptocurrencies to circumvent restrictions against Russia. The new measures, part of the 21st sanctions package, empower the EU to impose nationwide blocks on crypto platforms. A key provision allows the EU to blacklist entire third countries if their jurisdictions systematically fail to prevent sanctioned Russian and Belarusian individuals from using crypto asset services. This grants the sanctions an extraterritorial reach. The package also broadens existing prohibitions, banning Russians and Belarusians from holding positions or controlling crypto service providers within the EU, effective August 25. Experts note this shift represents a move toward secondary sanctions and could create legal conflicts in jurisdictions where local laws contradict EU measures.

cryptonews.ru4 хв тому

EU Grants Regulatory Bodies Authority to Block Crypto Platforms from Third Countries

cryptonews.ru4 хв тому

Xinhuo Research Institute: White House Meeting × CLARITY Act × AI Capital Diversion – The Triple Variables for Bitcoin

The market is undergoing a comprehensive reset from regulatory expectations to capital structure. New Huo Research Institute's latest analysis indicates Bitcoin faced pressure last week due to multiple factors: the SEC abruptly canceled a planned crypto regulatory meeting; spot Bitcoin ETFs saw outflows of approximately $390 million after two weeks of net inflows; and the Coinbase Bitcoin Price Index showed sustained negative premiums. These signals collectively suggest the market is awaiting the next point of certainty. This anchor point may arrive this week. On the policy front, a White House meeting with crypto industry executives is expected on August 19, with potential participation from SEC and CFTC officials, followed by a CFTC Innovation Advisory Committee meeting on August 20. Discussions around the CLARITY Act may also advance in September. The研究院 views these events as likely to release positive policy signals, potentially offering marginal support to market sentiment. Macro conditions are also turning accommodative. With cooling US inflation and weak retail data, market expectations for a September rate hike have significantly decreased. However, tensions in the Middle East affecting global oil supply warrant monitoring. A notable structural shift is the massive diversion of capital into the AI sector, tightening overall liquidity for crypto markets and contributing to the current subdued environment. Monitoring when AI investment cools and overall macro conditions ease will be crucial. On the technical front, Bitcoin is in a consolidation phase after a pullback from highs, with key resistance at $65,000/$65,800 and support at $62,500/$62,000. New Huo Research believes the current range could form a阶段性 bottom as regulatory catalysts gradually materialize.

marsbit4 хв тому

Xinhuo Research Institute: White House Meeting × CLARITY Act × AI Capital Diversion – The Triple Variables for Bitcoin

marsbit4 хв тому

Podcast Notes | Conversation with Bitwise CIO Matt: If You Have 0% Crypto Allocation Now, You Are Actively Bearish on the Market Outlook

Podcast Notes | Interview with Bitwise CIO Matt Hougan: "A 0% Crypto Allocation Today is an Active Bearish Bet" **Key Takeaways from Matt Hougan (CIO, Bitwise):** * **Market Sentiment:** Despite crypto being down ~50% from highs, Wall Street is "ALL-IN." Major institutions like BlackRock, Morgan Stanley, Wells Fargo, and UBS view crypto as a long-term asset class, continuing to build and launch products (e.g., tokenized funds, ETFs) regardless of short-term price or regulatory delays (like the CLARITY Act). * **BTC Resilience:** Bitcoin's recent price stability amid negative news (AI stock sell-off, MicroStrategy sales, fading regulatory odds) signals underlying strength. Hougan argues the "weak hands" have sold; remaining holders are long-term believers. * **Regulatory Outlook:** The CLARITY Act may remain in legislative limbo, but crypto development won't wait. Tokenization of real-world assets (RWA) is a major, irreversible trend backed by large traditional finance players. * **Investment Strategy:** Hougan advocates for a 5% crypto allocation in a traditional portfolio. He calls this the "magic number" for significantly boosting returns without materially increasing overall portfolio volatility. Critically, he states that a 0% allocation is not neutral but an **"active bearish bet"** against the asset class, given crypto's current ~2% share of global equity market cap. * **Ethereum & Altcoins:** Hougan is bullish on Ethereum (price target: $8000), citing its leading role in tokenization and stablecoins. For altcoins, he highlights assets tied to the tokenization narrative (e.g., Solana, Chainlink, Ondo) and those generating "real yield" (e.g., Hyperliquid). * **DCA vs. Lump Sum:** Both strategies have merit. Dollar-cost averaging (DCA) provides behavioral protection against volatility, while a lump sum investment may capture more upside if Bitcoin's suppressed volatility breaks upward.

marsbit23 хв тому

Podcast Notes | Conversation with Bitwise CIO Matt: If You Have 0% Crypto Allocation Now, You Are Actively Bearish on the Market Outlook

marsbit23 хв тому

Anthropic, Dario Amodei, and "The Last Private Company"

The article explores the contrasting narratives surrounding Anthropic and its founder, Dario Amodei. He is portrayed as both a cautious "watchman" warning of AI's existential dangers and an ambitious driver racing to build that very future. The core tension lies in Amodei's belief that since powerful AI is inevitable, Anthropic must lead its development to ensure it's done "responsibly." Driven by personal tragedy—his father's death before a cure arrived—Amodei is obsessed with accelerating science. He co-founded Anthropic after leaving OpenAI over governance concerns, aiming to build top models while establishing safety standards. Anthropic developed "Constitutional AI" to align models and proposed risk-based policies, positioning itself as both creator and regulator. Amodei envisions AI bringing immense benefits, like curing diseases within years. However, his roadmap reveals a geopolitical vision: he argues the US and its allies must secure a dominant, "unipolar" advantage in advanced AI to lock in strategic supremacy before sharing benefits. The article critiques this logic. While Amodei eloquently warns of concentrated corporate power and influence, his solutions consistently grant Anthropic more authority. He disqualifies other actors—markets, the public, rival nations—as unfit to steer the future, ultimately positioning Anthropic as the necessary custodian. This culminates in an alleged, unconfirmed internal vision where Anthropic becomes "the world's only private company." The piece concludes that Amodei, sincerely believing he sees the dangers most clearly, has authored his own justification to hold the wheel.

marsbit33 хв тому

Anthropic, Dario Amodei, and "The Last Private Company"

marsbit33 хв тому

Oracle Hacker of Pando Rings Resurfaces and Redirects ETH to Tornado Cash

The wallet associated with the 2022 Pando Rings oracle hack was reactivated on August 18, 2026, after two months of inactivity. The hacker exchanged 3 million DAI for approximately 1,570 ETH (worth ~$3 million) via the CoW Protocol. Subsequently, about 800 ETH (worth ~$1.52 million) was deposited into the Tornado Cash mixer through eight transactions. This event revisits the November 2022 hack, where the attacker manipulated the price of a liquidity token on Pando's 4swap AMM, initially attempting to steal around $70 million. While $21.9 million was withdrawn, Pando, with Mixin Network and SlowMist, froze remaining assets valued over $50 million. The hacker has been periodically active since, including a major purchase of 6,243 ETH for 10 million DAI in June 2026. The recent conversion of stolen stablecoins to ETH and subsequent movement to Tornado Cash follows a known strategy of timing the market and laundering funds. The reactivation coincided with Pando's announcement on August 15, 2026, to sunset its protocol and transition services to maintenance mode. The case underscores how stolen crypto assets can lie dormant for years before being moved through privacy infrastructure. While oracle manipulation attacks have significantly declined in DeFi since 2022, this incident represents a legacy exploit from an earlier security era.

cryptonews.ru36 хв тому

Oracle Hacker of Pando Rings Resurfaces and Redirects ETH to Tornado Cash

cryptonews.ru36 хв тому

Торгівля

Спот
活动图片