Ripple to Acquire Rail for $200 Million

Ripple Acquires GTreasury for $1 Billion

October 16, 2025

Cloud & SaaS

Ripple announced its $1 billion acquisition of GTreasury, described as the global leader in treasury management systems. The deal is intended to expand Ripple’s access to the multi-trillion-dollar corporate treasury market and combine GTreasury’s treasury/risk/compliance capabilities with Ripple’s digital-asset and payments infrastructure.

Ripple Acquires Fortress Trust

September 8, 2023

Financial Services

Ripple has agreed to acquire Fortress Trust, a subsidiary of Fortress Blockchain Technologies, bringing a Nevada trust license and Web3 custody and payments infrastructure into Ripple's enterprise crypto stack. The acquisition expands Ripple's regulatory licenses and capabilities across payments, custody, and tokenization; the deal remains subject to due diligence and regulatory approvals.

Ripple Acquires Hidden Road for $1.25B to Build a Global Digital-Asset Prime Brokerage

April 8, 2025

Financial Services

Ripple has agreed to acquire Hidden Road for $1.25 billion, creating the first crypto company to own and operate a global, multi-asset prime brokerage. The deal is expected to close in the coming months, subject to regulatory approvals, and will enable Hidden Road to migrate post-trade activity to the XRP Ledger while leveraging Ripple’s balance sheet and RLUSD stablecoin for cross-margining and collateral.

Ripple Acquires Palisade to Expand Digital Asset Custody

November 3, 2025

Payments & Fintech

Ripple has acquired Palisade, a London-based digital asset wallet and custody technology company, to bolster Ripple Custody with wallet-as-a-service capabilities. The deal integrates Palisade's MPC-based, multi-chain wallet tech into Ripple Payments, expanding Ripple's ability to serve fintechs, corporates, and crypto-native institutions with faster wallet provisioning and high-frequency transaction support.

Jack Henry & Associates Acquires Payrailz

August 9, 2022

Payments & Fintech

Jack Henry & Associates has entered into a definitive agreement to acquire Payrailz, a Glastonbury, Connecticut–based cloud-native, AI-enabled digital payments platform, to expand its payments capabilities. The acquisition strengthens Jack Henry's payments-as-a-service strategy by adding real-time P2P, bill pay, A2A, and other next-generation payment capabilities; financial terms were not disclosed.

Ripple Acquires Standard Custody & Trust Company

February 13, 2024

Financial Services

Ripple has agreed to acquire Standard Custody & Trust Company, an institutional-grade digital-asset custody and trust platform (a subsidiary of PolySign, Inc.), to expand its portfolio of regulatory licenses and strengthen its custody and payments capabilities. The deal brings Standard Custody’s limited-purpose trust charter and money transmitter licenses into Ripple’s regulatory footprint; closing is subject to regulatory approvals and standard conditions.