Ripple has announced the acquisition of GTreasury, a fintech firm that provides treasury and risk management software solutions. The deal, valued at $1 billion, was announced on October 16. This acquisition allows Ripple and its customers to access the multi-trillion-dollar corporate treasury market and engage with a wide range of successful corporate customers.
GTreasury operates as a software-as-a-service provider, offering treasury and risk management solutions through a secure, compliance-ready platform geared towards CFOs. Ripple plans to use the acquisition to enable its customers to unlock idle capital, access the multi-trillion-dollar global repo market through prime broker Hidden Road, and earn more from short-term assets. The combined teams will also focus on facilitating real-time, cross-border payments 24/7/365. GTreasury CEO Renaat Ver Eecke has hailed the acquisition as a significant moment for treasury management.
The GTreasury deal is Ripple’s third major acquisition in 2025. Earlier in the year, Ripple acquired the prime brokerage firm Hidden Road for $1.25 billion. In August, Ripple announced the $200 million acquisition of the stablecoin-powered payments platform Stellar Rail.
Despite these high-value acquisitions, Ripple’s cryptocurrency, XRP , has maintained a steady price point of around $2.60 for most of the year. It hit a low of around $1.79 in April, around the same time Ripple purchased Hidden Road. It reached a peak of $3.55 on July 22 before falling back to the $3.00 price threshold and hovering there until October 8, when it experienced another dip. At the time of writing, XRP is trading at $2.35.