Ripple has announced the acquisition of GTreasury, a leading corporate treasury management firm, in a $1 billion deal aimed at entering the multi-trillion-dollar corporate treasury sector. This marks Ripple's third major acquisition in 2025, following purchases of Hidden Road for a broker-dealer license and a stablecoin payments processor earlier in the year, all focused on traditional finance (TradFi) infrastructure.
The acquisition, expected to close in the coming months, will integrate Ripple's blockchain-based payment solutions with GTreasury's long-established platform, which serves global corporations with risk management, FX solutions, and compliance tools. Ripple CEO Brad Garlinghouse emphasized the move's goal to address inefficiencies in traditional payments, stating, "For too long, money has been stuck in slow, outdated payments systems... Ripple's and GTreasury's capabilities together bring the best of both worlds, enabling treasury teams to put trapped capital to work and process payments instantly."
Under Ripple's ownership, the combined entities plan to enable clients to access the global repo market via prime broker Hidden Road, earn yield on short-term assets, and facilitate real-time cross-border payments. GTreasury CEO Renaat Ver Eecke described the deal as a "watershed moment for treasury management," highlighting its potential to accelerate the shift from managing capital to activating it. This strategic move aligns with Ripple's broader efforts to secure a US banking license and deepen its TradFi partnerships.