Ripple Continues 2025 Expansion, Buys GTreasury for $1 Billion
Ripple acquired corporate treasury management company GTreasury for $1 billion, as part of a business acquisition strategy to expand its operations.
The deal gives Ripple infrastructure to manage digital assets held in corporate treasuries, including stablecoins and tokenized deposits, which can be used to generate yield for clients, according to a Thursday announcement.
GTreasury’s corporate treasury management tools, alongside Ripple’s suite of blockchain rails, allows the funds to be accessed 24/7 and sent with near-instant settlement in cross-border transactions. Brad Garlinghouse, CEO of Ripple, said:
“For too long, money has been stuck in slow, outdated payment systems and infrastructure, causing unnecessary delays, high costs, and roadblocks to entering new markets — problems that blockchain technologies are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.”
The acquisition of GTreasury marks Ripple’s third acquisition in 2025, including the $1.25 billion purchase of Hidden Road, a prime brokerage company, and stablecoin platform Rail. Both acquisitions highlight the growing relationship between traditional and digital finance.
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Ripple expands services in a bid to challenge SWIFT
Ripple continues to ink partnerships with traditional financial companies and digital asset projects alike, committing to several deals in September and October.
Banco Bilbao Vizcaya Argentaria (BBVA), a banking institution from Spain, signed an agreement with Ripple in September, designating the company as BBVA’s custodian for digital assets held on behalf of institutional clients.
Asset manager Franklin Templeton, DBS Bank and Ripple signed a memorandum of understanding in September to launch tokenized trading services on the XRP Ledger (XRPL) built on stablecoins and tokenized money market funds.
The partnership explores strategies for fund managers to shift between stablecoins and riskier digital assets to manage volatility and downside risk, while maximizing yield-bearing opportunities.
Ripple partnered with Bahrain Fintech Bay (BFB) in October to offer digital asset custody services and integrate the RLUSD dollar-pegged stablecoins into the country’s digital asset ecosystem.
The BFB is a public-private partnership between the government of Bahrain and tech companies focused on incubating financial technology startups.
Ripple’s acquisitions and partnerships are part of the company’s broader effort to challenge the SWIFT interbank messaging system, the standard protocol used by the world’s financial institutions to shift money around the world.
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