Ripple Bolsters Growth Through $1B Acquisition of GTreasury

Ripple has made a significant move in the cryptocurrency industry by acquiring GTreasury, a leading treasury management system provider, for $1 billion. This strategic acquisition aims to strengthen Ripple’s presence within institutional markets and facilitate faster access to key clients. The transaction follows other major acquisitions this year totaling approximately $3 billion, as Ripple continues to expand its portfolio.