Ripple has announced its acquisition of GTreasury, a company specializing in treasury and financial management systems, for $1 billion. The deal aims to enhance Ripple’s capabilities in these areas. GTreasury provides technology solutions that streamline financial operations and treasury tasks for businesses. By integrating GTreasury’s offerings, Ripple seeks to expand its presence and services in the financial management industry. This strategic acquisition is expected to bolster Ripple’s position in the market.
