Ripple has acquired the corporate treasury management company GTreasury for $1 billion, aiming to enhance its infrastructure for managing digital assets like stablecoins and tokenized deposits in corporate treasuries.

This strategic move signifies Ripple's transition from a cryptocurrency-focused entity to a major player in enterprise finance, emphasizing transparency, efficiency, and speed in international transactions.

Ripple CEO Brad Garlinghouse stated that the acquisition will reduce friction and costs associated with outdated payment systems, promoting blockchain technology adoption.

The acquisition is expected to close in the coming months, pending regulatory approval, marking a significant step toward mainstream adoption of blockchain in corporate finance.

Ripple continues to build partnerships with financial institutions like BBVA and DBS Bank to develop tokenized trading services and digital asset custody, positioning itself as a challenger to traditional systems like SWIFT.

These collaborations aim to develop innovative digital asset management solutions, leveraging Ripple’s technological capabilities and expanding its influence in the financial sector.

Ripple has also launched its US dollar stablecoin, which has grown to over $840 million in supply across XRP Ledger and Ethereum, showcasing its expanding digital asset ecosystem.

Ripple’s broader strategy includes developing a full-stack platform for digital assets and financial services, integrating acquisitions and technological advancements to support enterprise clients.

The move is seen as a major upgrade to institutional rails, potentially boosting the tokenized treasuries market, a key crypto narrative in 2025.

This industry shift is driven by favorable crypto policies, legislation like the GENIUS Act, and a surge in corporate crypto treasury holdings, exemplified by companies like MicroStrategy with nearly $70 billion in Bitcoin.

Market response to Ripple’s acquisition has been mixed, with XRP’s price currently around $2.36, showing little immediate impact despite the strategic move, amid broader market pressures.

The XRP token is trading below recent peaks at approximately $2.38, influenced by overall crypto market sentiment and Bitcoin’s dip below $108,000, with technical support at $2.10 and resistance at $2.80.