Ripple has launched Ripple Treasury, a new platform focused on corporate treasury management. By combining the operational software infrastructure of GTreasury, which it previously acquired for $1 billion, with its own blockchain-based payment technologies, the company aims to bring traditional cash management and digital asset transactions under one roof. According to Ripple, this step will make many processes faster and more transparent for companies, from cross-border payments to liquidity management.
What is the purpose of Ripple Treasury?
The new platform focuses on operational problems frequently encountered in corporate treasuries. Reconciliation processes that can take days, limited visibility in cross-border payments, and the tracking of fiat currency and digital assets in separate systems are among the main issues that Ripple Treasury aims to solve. Ripple emphasizes that many of these problems arise due to manual processes and disconnected software.
One of Ripple Treasury's standout features is its ability to enable companies to conduct cross-border transfers via Ripple's RLUSD stablecoin within three to five seconds. In traditional banking systems, such transactions often take several business days. The platform also allows for the management of fiat and digital assets through the same interface. This replaces the still-widely used spreadsheet-based tracking methods with direct API integrations. Ripple states that it positions its digital asset platforms as "digital banks" within this structure. This launch marks Ripple's first major product integration since acquiring GTreasury.
Renaat Ver Eecke, CEO of Chicago-based GTreasury, described the acquisition as a milestone in treasury management during the announcement. With the new platform, Ripple and GTreasury aim to enable companies to utilize their idle cash more efficiently while maintaining existing treasury controls and reporting standards. Ripple had previously stated that the GTreasury integration would also enable access to short-term liquidity markets. In this context, access to repo markets is planned to be provided through the prime broker Hidden Road. Ripple acquired Hidden Road last year for $1.25 billion, an acquisition seen as a significant step strengthening the company's position in the corporate financial services sector. The launch of Ripple Treasury aligns with the company's global expansion strategy in the regulated financial services sector. Ripple recently obtained an Electronic Money Institution (EMI) license and approval for crypto asset registration in the United Kingdom, paving the way for payment operations in the country.
During the same period, it also received preliminary approval for an EMI license from the Commission de Surveillance du Secteur Financier in Luxembourg. In the US, Ripple applied to the Office of the Comptroller of the Currency for a national bank license in July 2025. This step follows similar applications from crypto-focused companies such as Circle Internet Group and BitGo. According to the Financial Times, Nomura-backed Laser Digital is one of the latest companies to take steps in this direction. Despite all this expansion and acquisitions, Ripple has made it clear that it has no plans for an IPO. The company states that thanks to its strong balance sheet and growth-focused strategy, it doesn't need an IPO and prefers to continue investing in areas such as Ripple Treasury, Hidden Road, and its stablecoin platform Rail.
