Ripple Acquires GTreasury for $1B
Ripple, a leading provider of digital asset infrastructure for enterprises, has acquired GTreasury, a global leader in treasury management systems, for $1 billion.
This strategic move aims to unlock trillions in corporate capital, enabling CFOs and treasurers to manage cash more efficiently, despite a bearish turn in XRP.
Ripple snaps up GTreasury for $1B to free trillions in corporate idle capital.
- GTreasury brings over four decades of expertise in supporting treasury operations for recognized companies globally.
- The acquisition positions Ripple at the forefront of a multi-trillion-dollar market.
Ripple's acquisition is expected to transform cash management for the world's largest brands, allowing them to move funds instantly.
Author's summary: Ripple acquires GTreasury for $1B to unlock corporate capital.
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