Ripple Acquires GTreasury for $1 Billion to Enter Crypto Treasury Sector
Ripple announced the acquisition of treasury management systems provider GTreasury for $1 billion.
As part of the deal, the firm will integrate blockchain infrastructure with corporate finance solutions. The combined platform will enable clients to:
- invest short-term assets in the REPO market through prime broker Hidden Road for additional income;
- conduct real-time international payments using digital assets.
According to Ripple representatives, acquiring GTreasury will grant the company access to a…
