Ripple has announced its latest high-profile acquisition, digital asset wallet and custody provider Palisade in a move designed to strengthen its institutional custody infrastructure. The acquisition, part of Ripple’s ongoing $4B investment streak, underscores the company’s ambition to become the premier bridge between traditional finance and digital asset management.
Ripple President Monica Long described the move as pivotal:
Secure digital asset custody unlocks the crypto economy and is the foundation every blockchain-powered business stands on. Corporates are poised to drive the next massive wave of crypto adoption.
This statement reflects a broader industry trend: corporations are shifting from experimentation to full-scale crypto integration. Ripple’s growing list of institutional clients, which includes BBVA, DBS, and Societe Generale–FORGE, demonstrates the rising demand for bank-grade custody and payment solutions.
As Ripple and other major players consolidate crypto custody, the focus has shifted toward wallet technology as the key enabler of mainstream adoption. Self-custody and interoperability are becoming central themes of Web3 finance, with both institutions and retail users demanding greater control over their assets.
Best Wallet is an all-in-one Web3 wallet ecosystem that mirrors many of the qualities Ripple is targeting, complete with the $BEST token, but for the retail and DeFi user base.
According to the project’s staking dashboard, over 340M $BEST tokens have already been allocated for staking, representing a significant share of its projected 10B total supply. This signals strong community interest and early adoption ahead of its projected token claim event in early 2026.
In addition, Best Wallet aims to become a hub for DeFi participation, allowing users to interact with top protocols without leaving the app, effectively making it a “super wallet” for DeFi and NFTs.
While speculative, these projections align with increasing institutional and retail demand for wallet infrastructure, especially in the wake of major acquisitions like Ripple–Palisade.
Given Ripple’s institutional pivot, projects like Best Wallet may serve as the retail counterpart to institutional custody trends, offering the same core value proposition, namely security, scalability, and interoperability, but democratized for everyday crypto users.
Ripple’s acquisition of Palisade cements its place as a frontrunner in institutional crypto custody, bridging the gap between traditional finance and DeFi. The move is also a powerful signal that wallet technology is the next critical infrastructure layer of crypto — one that enables both institutions and individuals to securely hold, manage, and transact digital assets.
Disclaimer: This article is for informational purposes only and not financial advice. Always DYOR (Do Your Own Research) before making investment decisions and never allocate more than you can afford to lose to a high-risk class of assets such as crypto.
