Ah, the relentless march of capital! Ripple, that cunning leviathan of the cryptocurrency seas, has devoured yet another prey-GTreasury, a Chicago-born treasury management platform, for a cool $1 billion. 🦈💰
- Ripple, in its insatiable hunger, gobbles up GTreasury, a Chicago-based treasury management platform, for $1 billion. 🌆💼
- This marks the third feast for Ripple in 2025-a year of gluttony, it seems. 🍽️
- Previous morsels include prime brokerage Hidden Road and stablecoin firm Rail. 🥩🍖
On October 16, 2025, Ripple, the master of the XRP (XRP) and Ripple USD (RLUSD) domains, announced its latest conquest. Ah, the sweet taste of expansion! 🌍✨
This acquisition joins the ranks of Ripple’s other grandiose deals-Hidden Road and Rail-as it seeks to dominate the corporate treasury market. Because, of course, why stop at cryptocurrencies when you can rule the entire financial world? 🌟💸
“For too long, money has been trapped in the rusty chains of outdated systems, causing delays, costs, and barriers-problems blockchain is destined to solve,” proclaimed Brad Garlinghouse, Ripple’s CEO, with a dramatic flourish. 🎭🔗
Why is this a big deal for Ripple?
By harnessing GTreasury’s capabilities, Ripple aims to liberate idle capital, offering instant payments and new growth opportunities. Because, let’s face it, who doesn’t love a good financial revolution? 🚀💡
Customers can now unlock trapped capital via Hidden Road and move money across borders with ease-all while GTreasury’s 160-country reach ensures Ripple’s dominance spreads far and wide. 🌍✈️
“We’ve been the compliant, feature-rich saviors of corporations worldwide,” declared GTreasury CEO Renaat Ver Eecke. “By joining Ripple, we’re not just managing capital-we’re setting it on fire!” 🔥💼
GTreasury’s tools-cash forecasting, risk management, compliance-combined with Ripple’s on-chain magic, will let treasurers juggle liquidity, payments, and risk like never before. 🎩🎪
Ripple expects to seal this $1 billion deal soon, pending the usual regulatory red tape. Because even financial titans must bow to the bureaucracy. 📜⚖️
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2025-10-16 20:38