Ripple has acquired corporate treasury management firm GTreasury for $1 billion, as part of a business acquisition strategy to expand its business.
The deal gives Ripple the infrastructure to manage digital assets held in corporate treasuries, including stablecoins and tokenized deposits, which can be used to generate returns for clients, it said on Thursday. announcement.
GTreasury corporate treasury management tools, along with Ripple’s suite of blockchain rails, enable 24/7 access to funds and sending with near-instant settlement in cross-border transactions. Brad Garlinghouse, CEO of Ripple, said:
“For too long, money has been stuck in slow, outdated payment systems and infrastructure, causing unnecessary delays, high costs and barriers to entry into new markets — problems that blockchain technology is ideally suited to solve.”
The GTreasury acquisition marks Ripple’s third acquisition of 2025, including the $1.25 billion purchase of Hidden Road, a major brokerage firm, and stablecoin platform Rail. Both acquisitions highlight the growing relationship between traditional and digital finance.
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Ripple expands services in attempt to challenge SWIFT
Ripple continues to forge partnerships with traditional financial firms and digital asset projects, committing to several deals in September and October.
Banco Bilbao Vizcaya Argentaria (BBVA), a banking institution from Spain, signed an agreement with Ripple in September, designating the company as BBVA’s custodian for digital assets held on behalf of institutional clients.
Asset manager Franklin Templeton, DBS Bank and Ripple signed a memorandum of understanding in September to launch tokenized trading services on the XRP Ledger (XRPL) built on stablecoins and tokenized money market funds.
The partnership explores strategies for fund managers to shift between stablecoins and riskier digital assets to manage volatility and downside risk while maximizing return-generating opportunities.
In October, Ripple partnered with Bahrain Fintech Bay (BFB) to offer digital asset custody services and integrate the dollar-pegged RLUSD stablecoin into the country’s digital asset ecosystem.
BFB is a public-private partnership between the government of Bahrain and technology companies aimed at incubating fintech startups.
Ripple’s acquisitions and partnerships are part of the company’s broader efforts to challenge the SWIFT interbank messaging system, the standard protocol used by the world’s financial institutions to transfer money around the world.
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