Ripple Acquires GTreasury for $1B
Ripple, a leading provider of digital asset infrastructure for enterprises, has acquired GTreasury, a global leader in treasury management systems, for $1 billion.
This strategic move aims to reshape the corporate treasury landscape, enabling CFOs and treasurers to unlock idle capital and move funds instantly.
GTreasury brings over four decades of expertise in supporting treasury operations for recognized and successful companies globally.
Despite a bearish technical cross in XRP, this acquisition positions Ripple at the forefront of a multi-trillion-dollar market.
Ripple snaps up GTreasury for $1B to free trillions in corporate idle capital.
Ripple's acquisition of GTreasury could transform cash management for the world’s largest brands.
Author's summary: Ripple buys GTreasury for $1B.
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