2019-10-11 23:57 |
Crypto markets are mostly in the red, remaining relatively quiet with moderate losses throughout the top-20 coins
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Ripple acquires Palisade to expand into multi-chain custody and wallet infrastructure, deepening its institutional crypto and European regulatory reach.
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What to know Ripple acquired Palisade, a digital asset wallet firm, expanding its institutional custody offerings. The acquisition is part of Ripple’s $4B investment streak in 2025. Wallet-focused projects like Best Wallet ($BEST) may benefit from rising demand for secure, multi-chain wallets.
Ripple has announced a strategic partnership with Bahrain FinTech Bay to accelerate blockchain and digital asset innovation in the Kingdom.
Ripple has expanded its European footprint by joining forces with Spanish banking giant BBVA to introduce a digital asset custody service. Announced on Sept. 9, the initiative extends Ripple’s institutional custody platform into Spain, giving BBVA the tools to store and manage cryptocurrencies and tokenized assets securely.