TLDR
- Ripple purchased GTreasury for $1 billion, its third acquisition in 2025 following Hidden Road and Rail purchases
- The deal provides infrastructure for managing digital assets in corporate treasuries with 24/7 access and instant settlement
- Ripple is raising at least $1 billion for a new XRP treasury through a special purpose acquisition company
- Recent partnerships include BBVA, Franklin Templeton, DBS Bank, and Bahrain Fintech Bay
- XRP currently trades at $2.35 following a 3.33% decline during broader market downturn
Ripple Labs completed its acquisition of GTreasury for $1 billion on Thursday. The Chicago-based company specializes in corporate treasury management software and solutions.
This purchase represents Ripple’s third major acquisition in 2025. Earlier deals included Hidden Road for $1.25 billion and stablecoin platform Rail.
The GTreasury acquisition gives Ripple access to the multi-trillion dollar corporate treasury market. The deal also provides infrastructure to manage digital assets including stablecoins and tokenized deposits.
GTreasury’s management tools will integrate with Ripple’s blockchain technology. This combination enables 24/7 fund access with near-instant settlement for cross-border transactions.
Ripple CEO Brad Garlinghouse highlighted problems with traditional payment systems. He noted that outdated infrastructure causes delays, high costs, and barriers to new markets.
The companies will initially focus on two areas. First, enabling customers to access the global repo market. Second, providing real-time cross-border payments at competitive rates.
XRP Treasury Plans Take Shape
Bloomberg reported that Ripple is leading a fundraising effort for a new XRP treasury. The company aims to raise at least $1 billion through a special purpose acquisition company.
Ripple plans to contribute its own XRP holdings to the new entity. Sources said the transaction structure and details remain under discussion and could change.
If completed, this would create the largest digital asset treasury dedicated to XRP. Singapore-based Trident Digital announced plans in June to raise $500 million for an XRP treasury.
The timing comes as digital asset treasury companies face market challenges. Strategy, Metaplanet, and BitMine have seen enterprise values drop below their crypto holdings.
Strategic Partnerships Drive Growth
Ripple has formed multiple partnerships with financial institutions in recent months. Spanish bank BBVA designated Ripple as its digital asset custodian for institutional clients in September.
Franklin Templeton, DBS Bank, and Ripple signed an agreement in September for tokenized trading services. The partnership uses the XRP Ledger with stablecoins and tokenized money market funds.
Fund managers can move between stablecoins and other digital assets through this arrangement. The strategy helps manage volatility while pursuing yield opportunities.
Ripple partnered with Bahrain Fintech Bay in October for digital asset custody services. The deal integrates RLUSD stablecoins into Bahrain’s digital asset ecosystem.
Bahrain Fintech Bay operates as a public-private partnership supporting financial technology startups. The organization connects government entities with tech companies.
These deals support Ripple’s competition with the SWIFT interbank messaging system. SWIFT serves as the global standard for financial institutions transferring money internationally.
XRP ranks as the fifth-largest cryptocurrency by market capitalization. The token traded at $2.35 after declining 3.33% over 24 hours during a broader market downturn.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
