Ripple Progresses with 2025 Growth Plans, Acquires GTreasury for $1 Billion

Ripple has acquired GTreasury, a corporate treasury management firm, for $1 billion as part of its strategy to enhance its operations.

This acquisition equips Ripple with the infrastructure needed to handle digital assets in corporate treasuries, including stablecoins and tokenized deposits, aimed at generating yield for clients, as detailed in a Thursday announcement.

With GTreasury’s treasury management tools combined with Ripple’s blockchain solutions, funds can be accessed around the clock and transferred with near-instant settlement in cross-border transactions. Ripple’s CEO, Brad Garlinghouse, commented:

“For too long, money has been stuck in slow, outdated payment systems and infrastructure, causing unnecessary delays, high costs, and roadblocks to entering new markets — problems that blockchain technologies are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 marks Ripple’s third acquisition in 2025, following the $1.25 billion purchase of Hidden Road, a prime brokerage, and the stablecoin platform Rail. These moves underscore the growing interplay between traditional and digital finance.

Related: Ripple taps Absa to bring bank-grade crypto custody to South Africa

Ripple expands services in a bid to challenge SWIFT

Ripple is actively forming partnerships with both traditional financial institutions and digital asset projects, solidifying various deals in September and October.

In September, Banco Bilbao Vizcaya Argentaria (BBVA), a Spanish bank, entered into an agreement designating Ripple as its custodian for digital assets for institutional clients.

Additionally, asset manager Franklin Templeton, DBS Bank, and Ripple signed a memorandum of understanding to initiate tokenized trading services on the XRP Ledger (XRPL) utilizing stablecoins and tokenized money market funds.