Ripple's Move into Corporate Finance
Ripple has confirmed the acquisition of treasury management firm GTreasury for $1 billion, marking its entry into corporate finance.
The deal is significant as it represents Ripple's bold move towards democratizing corporate finance. GTreasury boasts a four-decade experience serving leading brands, offering traditional credibility that matches Ripple's ethos.
We’re proud to announce @Ripple is acquiring treasury management leader GTreasury.
The blockchain firm aims to transform the financial space with speed, reduced entry barriers, and lower fees, solving problems that have long engulfed the traditional finance space.
The fusion of Ripple's enterprise crypto solutions with GTreasury's 40+ years of expertise immediately opens the multi-trillion-dollar corporate treasury market.
Author's summary: Ripple acquires GTreasury for $1B.
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