Ripple Expands into Corporate Finance
Ripple has confirmed the acquisition of treasury management firm GTreasury for $1 billion, marking a significant move into corporate finance.
The deal highlights Ripple's efforts to democratize corporate finance, leveraging GTreasury's four-decade experience serving leading brands and traditional credibility.
We’re proud to announce @Ripple is acquiring treasury management leader GTreasury
- Ripple aims to transform the financial space with speed, reduced entry barriers, and lower fees.
- The acquisition opens up the multi-trillion-dollar corporate treasury market.
Ripple's enterprise crypto solutions combined with GTreasury's expertise will solve long-standing problems in the traditional finance space.
Author's summary: Ripple acquires GTreasury for $1B.
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