Key Points
- Ripple has purchased GTreasury, a fintech company specializing in treasury and risk management software, for $1 billion.
- The acquisition allows Ripple and its customers to tap into the multi-trillion dollar corporate treasury market.
Ripple has announced the acquisition of GTreasury, a fintech firm that provides treasury and risk management software solutions. The deal, valued at $1 billion, was announced on October 16. This acquisition allows Ripple and its customers to access the multi-trillion-dollar corporate treasury market and engage with a wide range of successful corporate customers.
The Role of GTreasury
GTreasury operates as a software-as-a-service provider, offering treasury and risk management solutions through a secure, compliance-ready platform geared towards CFOs. Ripple plans to use the acquisition to enable its customers to unlock idle capital, access the multi-trillion-dollar global repo market through prime broker Hidden Road, and earn more from short-term assets. The combined teams will also focus on facilitating real-time, cross-border payments 24/7/365. GTreasury CEO Renaat Ver Eecke has hailed the acquisition as a significant moment for treasury management.
Ripple’s Previous Acquisitions
The GTreasury deal is Ripple’s third major acquisition in 2025. Earlier in the year, Ripple acquired the prime brokerage firm Hidden Road for $1.25 billion. In August, Ripple announced the $200 million acquisition of the stablecoin-powered payments platform Stellar Rail.
Despite these high-value acquisitions, Ripple’s cryptocurrency, XRP, has maintained a steady price point of around $2.60 for most of the year. It hit a low of around $1.79 in April, around the same time Ripple purchased Hidden Road. It reached a peak of $3.55 on July 22 before falling back to the $3.00 price threshold and hovering there until October 8, when it experienced another dip. At the time of writing, XRP is trading at $2.35.
