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 represents a clear escalation of what many are calling it the company’s competition with SWIFT, the dominant global payment messaging network.

Ripple makes another massive acquisition

Palisade announced the acquisition on X, noting that wallet-as-a-service technology will now be part of Ripple’s next-generation payment and custody infrastructure. The startup noted that its platform will lend a hand power next-generation deposit and payment infrastructure to make the technology available to businesses around the world.

Ripple also confirmed this news together with a corresponding statement describing the acquisition as an critical step towards improving digital asset custody services at an institutional level.

Ripple said Palisade’s scalable wallet solution is ideally suited to support on- and off-field and enterprise payments, adding that the integration accelerates the transfer of value across its Ripple Payments and Custody services.

The company’s post ended with a bold statement highlighting the importance of secure data storage for the blockchain economy, linking the acquisition to the broader goal of building what is being called the Internet of Value.

XRP analysts and cryptocurrency market commentators described acquisition news is bullish for XRP. On the other hand, XRP has been witnessing a continuous price crash next to the rest cryptocurrency market.

The fight against SWIFT continues

Purchasing Palisade is just the newest product 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 transaction that significantly expanded its reach into institutional liquidity and trading services.

Just a few months later, it completed the acquisition of stablecoin platform Rail for $200 million. Then came $1 billion acquisition of GTreaurytreasury management company, in October.

All in all, a payments company he says yes has deployed approximately $4 billion into the crypto ecosystem through a combination of mergers, acquisitions and strategic investments. Each of these moves strengthens the company’s infrastructure to support every aspect of value transfer from custody and liquidity to stablecoin issuance and institutional settlements, laying the foundation for a long-term plan to challenge SWIFT’s global dominance in cross-border transactions.

As the company continues to scale its infrastructure through acquisitions like Palisade, analysts see these moves as part of a broader strategy to build a vertically integrated financial ecosystem that can compete with SWIFT’s current dominance.

Meanwhile, the highly anticipated Ripple SWELL 2025 event is now underway after kicking off yesterday, bringing together key partners, regulators and CFOs from around the world to discuss the company’s vision for the next era of blockchain-based finance. For the first time in history, the event will take place including a representative of the White House.

Featured image from iStock, chart from Tradingview.com

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