In a move that could rewrite the rules of corporate finance, Ripple announced Thursday that it will acquire GTreasury, a Chicago-based treasury management systems provider, in a $1 billion deal that catapults the crypto giant into the heart of global financial infrastructure.
The acquisition marks Ripple’s boldest step yet toward transforming how corporations handle digital assets, stablecoins, and tokenized deposits—a market worth trillions of dollars.
“For too long, money has been trapped in outdated, sluggish systems that drain value and slow progress,” said Ripple CEO Brad Garlinghouse. “Together, Ripple and GTreasury will free that capital, allowing finance teams to move money instantly and seize new growth opportunities.”
A Strategic Leap Into the Multi-Trillion Treasury Market
Ripple’s acquisition comes as large public companies increasingly explore digital assets for corporate treasuries, spurred by friendlier regulations and the promise of real-time liquidity.
The deal will blend Ripple’s blockchain-powered infrastructure with GTreasury’s four-decade expertise in treasury management. According to Ripple, the merger will help chief financial officers and treasurers at Fortune 500 firms “move, manage, and optimize liquidity in real time.”
Ripple said the acquisition will also unlock access to the multi-trillion-dollar global repo market, powered by its earlier $1.25 billion purchase of prime broker Hidden Road. The integration, it added, will help clients earn more on short-term assets while enabling instant cross-border transactions at competitive rates.
Counsel information for the transaction was not disclosed.
