Ripple acquires treasury management firm GTreasury for $1b

Ripple has acquired GTreasury, a leading treasury management platform, in a deal worth $1 billion.

Ripple, whose traction across the cryptocurrency and blockchain industry sees it rank as one of the biggest players in the space, announced the acquisition of GTreasury on October 16, 2025.

The deal adds to key expansion milestones for Ripple, the company behind the XRP (XRP) cryptocurrency and Ripple USD (RLUSD) stablecoin. GTreasury adds to the company’s eye-catching deals for prime brokerage Hidden Road and stablecoin firm Rail, and will be crucial to opening up traction across the corporate treasury market.

“For too long, money has been stuck in slow, outdated payments systems and infrastructure, causing unnecessary delays, high costs, and roadblocks to entering new markets — problems that blockchain technologies are ideally suited to solve,” said Brad Garlinghouse, chief executive officer of Ripple.

Why is this big for Ripple?

Tapping into GTreasury’s capabilities will help treasury and finance platforms benefit from systems that offer an avenue to put idle capital to work. Instant payments and new growth opportunities are also available under this deal, Garlinghouse added.

Customers can unlock trapped capital via Hidden Road, as well as move money instantly across borders and at competitive rates. GTreasury, based in Chicago, serves customers across 160 countries.

“We have focused on providing the most compliant and feature-rich solutions to corporations around the globe,” said GTreasury CEO Renaat Ver Eecke. “By joining Ripple, we are accelerating our vision from managing capital to activating it.”

GTreasury’s features, including cash forecasting, risk management, and compliance, combined with Ripple’s on-chain benefits, will allow treasurers to manage liquidity, payments, and risk.

Ripple expects to close the $1 billion deal in the coming months, subject to regulatory approvals.