Ripple has taken another bold step in its global expansion strategy with the acquisition of GTreasury for a staggering $1.25 billion. The move, announced by CEO Brad Garlinghouse, marks Ripple’s entry into the corporate treasury management space, sparking excitement across the XRP community and renewed interest in XRP and its RLUSD stablecoin. The deal aims to merge Ripple’s blockchain technology with GTreasury’s worldwide cash management infrastructure, enabling CFOs to handle stablecoins, tokenized deposits, and idle capital through decentralized finance (DeFi) solutions.
Prominent pro-crypto lawyer John Deaton reacted to the acquisition, predicting that Ripple’s aggressive buying spree is far from over. Deaton emphasized that Ripple’s strategic acquisitions signal its intent to dominate both the crypto payments and broader financial infrastructure sectors. Over the years, Ripple has completed seven major acquisitions to strengthen its position in payments, custody, and stablecoin ecosystems.
Among Ripple’s notable takeovers are Algrim, a liquidity and trading firm; Fortress Trust, a regulatory infrastructure provider; and Standard Custody & Trust Company, which offers custody and reserve management for stablecoins. Ripple’s acquisition of Metaco for $250 million advanced its tokenization and institutional custody capabilities, while its $200 million purchase of Rail enhanced backend automation for stablecoin operations. The company’s recent acquisition of Hidden Road, a prime brokerage and clearing platform, reportedly cost $1.25 billion, matching the GTreasury deal in scale.
Deaton believes these calculated acquisitions position Ripple to redefine how global finance interacts with blockchain. As the company continues expanding its reach, the crypto community anticipates that Ripple’s long-term vision could reshape both decentralized and traditional financial systems.
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