Ripple Acquires GTreasury for $1 Billion to Expand Crypto Infrastructure

Ripple has made a strategic move by acquiring GTreasury, a corporate treasury management company, in a $1 billion deal. This acquisition aims to expand Ripple’s digital asset infrastructure and offer integrated solutions for enterprise clients. Ripple’s goal is to revolutionize how corporations manage their assets and integrate blockchain technology into the traditional financial sector. By connecting blockchain with institutional finance, Ripple seeks to impact liquidity patterns and increase adoption of digital assets among large enterprises.