News

Jinse Finance reported that Ripple announced on Monday the acquisition of custody and wallet technology company Palisade, aiming to expand its “custody capabilities” for fintech companies, crypto-native enterprises, and large corporations. This year, Ripple has invested approximately $4 billion through multiple mergers and acquisitions, including the $1.25 billion acquisition of trading broker Hidden Road in April, the $200 million acquisition of stablecoin platform Rail, and last month’s $1 billion acquisition of enterprise treasury management platform GTreasury. Ripple stated that Palisade’s fast and lightweight wallet, combined with its bank-grade vault, will create an end-to-end institutional-grade custody service, covering long-term asset storage, real-time global payments, and enterprise treasury management.

Jinse Finance reported that FTSE Russell has announced a partnership with leading crypto oracle service provider Chainlink to bring its indices and market data on-chain through Chainlink's DataLink service. This includes core indices such as the Russell 1000, Russell 2000, and Russell 3000. The on-chain integration means the data will be available 24/7 across multiple blockchains, supporting innovation in tokenized assets, ETFs, and next-generation financial products.