Ripple Acquires Palisade, Intensifying Global Payments Competition
Ripple Acquires Palisade, Intensifying Global Payments Competition
Ripple has announced its latest strategic acquisition of Palisade, a digital asset custody infrastructure company. This marks Ripple's fourth acquisition in recent months and is viewed as a significant escalation in its ongoing efforts to reshape global payments and compete with SWIFT, the dominant global payments messaging network.
Ripple Makes Another Major Acquisition As Battle Against SWIFT Rages On
Ripple has made yet another move 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 is a clear escalation in what many describe as the company’s competition with SWIFT, the dominant global payments messaging network.