Finance

Here’s the Gist:
- Ripple is splashing $1 billion to acquire treasury software provider GTreasury.
- The aim? To beef up Ripple’s blockchain finance tools with cash and risk management wizardry.
- Ripple’s growing collection of financial assets includes the acquisitions of stablecoin payments firm Rail and prime broker Hidden Road this year.
Ah, Ripple, that blockchain whiz-kid, closely tied to the ever-so-popular XRP Ledger, has decided that a billion-dollar splash into the corporate treasury pool is just the thing it needs. The company is acquiring GTreasury, a software provider known for helping the big guys – we’re talking Fortune 500 level – handle their cash, foreign exchange, and various risks. A move that practically shouts, “We’re here, and we’re not going anywhere.” The deal is expected to be finalized in a few months, provided that all the usual legal mumbo jumbo is sorted out.
GTreasury’s treasury platform is already a darling among the corporate world’s financial giants. And now, it’ll be part of Ripple’s growing toolbox. Ripple’s CEO, the ever-optimistic Brad Garlinghouse, took to the airwaves to make it clear that this acquisition will make corporate finance smoother than a freshly waxed car. “For too long, money has been stuck in slow, outdated systems,” he said. “Enter blockchain – the magic wand that fixes all that.” If only it were that simple, Brad!
But Brad is confident. His rhetoric could sell sand in a desert as he describes how Ripple’s blockchain will finally free companies from the shackles of “slow and costly” payments. And, he added, it’ll open new markets, which, naturally, will lead to “new growth opportunities.” Why not just say “we’re about to make you rich” and be done with it?
Ripple’s Acquisition Spree: Watch Out, World!
Ripple, once best known for its cross-border payments network, is now trying to wear the crown of a full-fledged financial services provider. It’s hard not to see the company transforming into some sort of blockchain-powered financial juggernaut with its recent acquisitions.
Last year, Ripple launched a U.S. dollar stablecoin. And no, not just a few coins here and there – over $840 million in supply was moved onto the XRP Ledger (and Ethereum, because why not?).
They’re not stopping there. Ripple’s institutional custody arm, a byproduct of the Metaco acquisition, is giving traditional financial institutions a run for their money. And now with GTreasury in the mix, it’s becoming clear that Ripple is rapidly reshaping the landscape of digital asset infrastructure.
This GTreasury deal is Ripple’s third acquisition this year, following a $1.25 billion buyout of the multi-asset prime broker Hidden Road and the $200 million purchase of the stablecoin payments platform Rail. Yes, that’s right, folks – it’s a full-stack crypto-powered finance platform in the making. Better buckle up!
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2025-10-16 19:17