Ripple News: Enters Corporate Treasury Business with $1B Acquisition of GTreasury

Ripple Pays $1 Billion for GTreasury to Enter Corporate Treasury

Crypto firm Ripple said it has agreed to buy treasury management software provider GTreasury for $1 billion.

Ripple to buy private equity-backed GTreasury for $1B

Ripple News: Enters Corporate Treasury Business with $1B Acquisition of GTreasury

The deal, pending regulatory approvals, would give Ripple access to large enterprise clients as it is building out financial services around its digital asset business.

Ripple Breaks into Corporate Treasury with $1B GTreasury Acquisition

Ripple, the leading provider of digital asset infrastructure for the enterprise, today announced its $1 billion acquisition of GTreasury, the global leader in treasury management systems. This deal marks significant expansion for Ripple, immediately opening up the multi-trillion dollar corporate treasury market and access to many of the largest and most successful corporate customers.

Ripple Labs Leading $1 Billion Raise for Digital Asset Treasury Focused on Accumulating XRP

Quick take: Ripple is moving ahead with fundraising plans despite the recent crypto sell-off, which has seen some investors become skeptical about digital asset treasuries.  The funds will be held in a new digital asset treasury, with Ripple contributing some of its own XRP, the report said. Ripple also said Thursday it agreed to buy treasury management software provider GTreasury for $1 billion. Ripple Labs, the company behind crypto infrastru…