Ripple Acquires GTreasury for $1B
Ripple, a leading provider of digital asset infrastructure for enterprises, has acquired GTreasury, a global leader in treasury management systems, for $1 billion.
This strategic move aims to unlock trillions in corporate capital, despite a bearish turn in XRP, and reshape enterprise treasury management.
- Ripple's acquisition of GTreasury positions the company at the forefront of a multi-trillion-dollar market.
- GTreasury brings over four decades of expertise in supporting treasury operations for recognized companies globally.
Ripple's move enables CFOs and treasurers to unlock idle capital and move funds instantly, transforming cash management for the world's largest brands.
Author's summary: Ripple acquires GTreasury for $1B to unlock corporate capital.