Tracked deals
8
8 tracked deals across 2023-2026.
San Francisco, California, United States
Enterprise-grade blockchain and crypto infrastructure enabling faster, more transparent, and cost-effective financial services. Customers use Ripple solutions to source crypto, facilitate instant payments, empower their treasury, engage new audiences, lower capital requirements, and drive new revenue.
Tracked deals
8
8 tracked deals across 2023-2026.
Recent pace
3
3 tracked deals announced in the last 12 months.
Deal mix
Buyout
8 buyout
Last 4 years
Supporting Data
GTreasury, a Ripple solution, announced its acquisition of Solvexia, a no-code financial automation, data management, and analytics provider. The deal is intended to modernize reconciliation and regulatory reporting workflows by combining GTreasury’s treasury and digital-asset infrastructure with Solvexia’s reconciliation and compliance automation.
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.
Evernorth Holdings (a newly formed Nevada corporation focused on an actively managed XRP treasury) announced it will go public through a merger with special purpose acquisition company Armada Acquisition Corp. II. The business combination is expected to raise over $1 billion in gross proceeds and position the combined company to operate under Nasdaq ticker XRPN following shareholder and regulatory approvals.
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 agreed to acquire Rail, a stablecoin-powered global payments platform, for $200 million. The deal expands Ripple’s digital asset payments infrastructure by adding Rail’s virtual accounts and automated back-office capabilities, and is expected to close in Q4 2025 subject to regulatory approvals.
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 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.
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.
Turn tracked acquisition activity into an outreach-ready buyer list.