Ripple Expands Operations with $1 Billion Acquisition of Treasury Management Company GTreasury
Ripple, a leading blockchain technology company, has made a significant move to expand its operations by acquiring treasury management company GTreasury for $1 billion. This strategic acquisition is part of Ripple’s broader efforts to challenge the traditional payment systems and infrastructure, particularly the SWIFT interbank messaging system. According to Ripple CEO Brad Garlinghouse, “Money has been stuck in slow, outdated payment systems and infrastructure for too long, leading to unnecessary delays, high costs and barriers to entering new markets – problems that blockchain technologies are ideally suited to solve.”
The acquisition of GTreasury provides Ripple with the necessary infrastructure to manage digital assets held in corporate treasuries, including stablecoins and tokenized deposits. This will enable Ripple to generate returns for its customers and provide 24/7 access and sending of funds with near-instant settlement for cross-border transactions. GTreasury’s corporate treasury management tools will be integrated with Ripple’s Blockchain Rails suite, enhancing the company’s capabilities in the digital asset space.
Ripple’s Acquisition Strategy and Partnerships
Ripple’s acquisition of GTreasury marks its third acquisition in 2025, following the $1.25 billion acquisition of Hidden Road, a prime brokerage firm, and stablecoin platform Rail. These acquisitions underscore the growing relationship between traditional and digital finance. Ripple has also been actively partnering with traditional financial firms and digital asset projects, committing to multiple deals in September and October. For instance, the company partnered with Banco Bilbao Vizcaya Argentaria (BBVA) to act as the trustee for digital assets held on behalf of institutional clients.
In addition, Ripple signed a memorandum of understanding with asset manager Franklin Templeton, DBS Bank to launch tokenized trading services on the XRP Ledger (XRPL). This partnership explores strategies for fund managers to switch between stablecoins and riskier digital assets to manage volatility and downside risks while maximizing return opportunities. Furthermore, Ripple partnered with Bahrain Fintech Bay (BFB) to offer digital asset custody services and integrate the RLUSD dollar-pegged stablecoins into the country’s digital asset ecosystem.
Ripple’s Challenge to Traditional Payment Systems
Ripple’s acquisitions and partnerships are part of the company’s broader efforts to challenge the SWIFT interbank messaging system. The traditional payment systems have been criticized for being slow, outdated, and expensive. Ripple’s blockchain technology offers a faster, cheaper, and more secure alternative for cross-border transactions. With its expanding operations and strategic partnerships, Ripple is well-positioned to disrupt the traditional payment systems and become a leading player in the digital asset space.
As the financial industry continues to evolve, Ripple’s commitment to innovation and customer satisfaction is expected to drive growth and adoption of its services. With the acquisition of GTreasury, Ripple is poised to capitalize on the growing demand for digital asset management and provide its customers with a comprehensive suite of services. For more information on Ripple’s acquisition of GTreasury and its implications for the digital asset space, visit https://cointelegraph.com/news/ripple-acquisition-gtreasury-1b?utm_source=rss_feed&utm_medium=rss_tag_altcoin&utm_campaign=rss_partner_inbound.
