Ripple has announced the acquisition of GTreasury for $1.25 billion, aiming to integrate its blockchain technology with global cash management systems. This strategic move is designed to assist CFOs in managing stablecoins, tokenized deposits, and idle capital more effectively using decentralized finance solutions. The acquisition is part of Ripple's broader strategy to expand its influence, following previous acquisitions of companies like Hidden Road, Rail, and Metaco, to boost the adoption of XRP and RLUSD.
Ripple Acquires GTreasury for $1.25 Billion to Enhance Treasury Solutions
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