Ripple announced a significant acquisition on October 16th, purchasing fintech company GTreasury for a staggering $1 billion. This move expands Ripple’s reach into the massive corporate treasury market estimated to be worth trillions of dollars. GTreasury specializes in providing treasury and risk management software solutions through a secure and compliant platform designed for CFOs. This acquisition will enable Ripple customers to unlock their idle capital, gain access to global repo markets via prime broker Hidden Road, and maximize returns on short-term assets. Combined efforts will focus on enabling real-time, 24/7 cross-border payments. GTreasury CEO Renaat Ver Eecke hailed the deal as a major step forward for treasury management. This acquisition follows Ripple’s previous high-value deals in 2025: acquiring Hidden Road, a prime brokerage firm, for $1.25 billion and Stellar Rail, a stablecoin payment platform, for $200 million. Despite these strategic moves, Ripple’s cryptocurrency XRP has exhibited stability with prices hovering around $2.60 throughout much of the year. The token experienced a dip to $1.79 in April, shortly after acquiring Hidden Road, before reaching a peak of $3.55 on July 22. It then dipped back down and settled at the $3.00 threshold before experiencing further drops around October 8. XRP is currently trading for around $2.35.