Ripple has acquired GTreasury, a corporate treasury management firm, for $1 billion, as part of its strategy to expand operations.
This acquisition provides Ripple with the infrastructure needed to manage digital assets in corporate treasuries, including stablecoins and tokenized deposits, enabling yield generation for clients, according to a Thursday announcement.
GTreasury’s management tools combined with Ripple’s blockchain capabilities allow funds to be accessed 24/7 and facilitate near-instant cross-border transactions. Brad Garlinghouse, CEO of Ripple, stated:
“For too long, money has been stuck in slow, outdated payment systems and infrastructure, causing unnecessary delays, high costs, and roadblocks to entering new markets — problems that blockchain technologies are ideally suited to solve.”
This acquisition represents Ripple’s third in 2025, following the $1.25 billion purchase of prime brokerage Hidden Road and the stablecoin platform Rail. These moves underscore the evolving interplay between traditional and digital finance.
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Ripple expands services in a bid to challenge SWIFT
Ripple is actively forming partnerships with both traditional financial entities and digital asset projects, finalizing multiple deals in September and October.
Banco Bilbao Vizcaya Argentaria (BBVA), a Spanish bank, established an agreement with Ripple in September, appointing the company as its custodian for digital assets on behalf of institutional clients.
In September, asset manager Franklin Templeton, DBS Bank, and Ripple signed a memorandum to introduce tokenized trading services on the XRP Ledger (XRPL) focused on stablecoins and tokenized money market funds.
This partnership explores strategies for fund managers to shift between stablecoins and higher-risk digital assets, managing volatility while maximizing yield opportunities.
In October, Ripple teamed up with Bahrain Fintech Bay (BFB) to provide digital asset custody services and incorporate RLUSD dollar-pegged stablecoins into Bahrain’s digital asset ecosystem.
BFB represents a public-private partnership involving the Bahraini government and tech firms focused on incubating financial technology startups.
Ripple’s acquisitions and partnerships form part of a broader initiative to challenge the SWIFT interbank messaging system, the standard protocol for global financial transactions.
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