Overview
- Ripple confirmed a $1 billion deal to acquire GTreasury, with closing expected in the coming months pending regulatory approvals.
- GTreasury brings long‑running cash forecasting, FX, risk tools, and Fortune 500 relationships that Ripple plans to connect to its blockchain network.
- Company statements describe planned features such as real‑time cross‑border payments, tokenized cash management, and on‑chain repo supported by prime broker Hidden Road.
- Bloomberg‑sourced reports say Ripple aims to raise at least $1 billion via a SPAC for an XRP‑focused digital‑asset treasury and may contribute part of its own XRP, with terms still under discussion and no official confirmation.
- An XRPL validator flagged a $500 million XRP transfer to a new account, which has fueled speculation but has not been linked by Ripple to the reported treasury plans.