Ripple Reportedly Plans $1B XRP Treasury Amid GTreasury Acquisition

Ripple Labs Inc. is reportedly planning to raise at least $1 billion to create a digital-asset treasury (DAT) primarily composed of XRP tokens, per Bloomberg Law. The proposed treasury will be financed through a special purpose acquisition company (SPAC), with Ripple contributing additional XRP of its own. The plan remains under discussion, but the goal is to accumulate XRP at scale while maintaining control over the process.

This move follows Ripple’s recent acquisition of GTreasury, a provider of treasury management systems, marking a major expansion of its corporate financial infrastructure capabilities. The acquisition allows Ripple to integrate digital assets with traditional treasury operations, targeting large corporate clients and expanding its reach into multi-trillion-dollar corporate treasury markets.

Digital-Asset Treasury (DAT) Plans

The creation of a $1 billion digital-asset treasury represents a significant expansion of Ripple’s XRP holdings. Per reports, the treasury will act as a centralized reserve for XRP, managed under a corporate treasury framework. According to sources familiar with the plan, Ripple will combine its own XRP contributions with capital raised through a SPAC.

Key details include:

• The DAT is intended to provide large-scale institutional custody and treasury functionality for XRP.
• Funds will come from both external investors and Ripple’s internal XRP holdings.
• The structure is still under discussion, with regulatory approvals pending.
• The initiative would be the largest XRP-focused treasury created to date.

Ripple’s move aligns with broader institutional trends, as more corporate treasuries are exploring cryptocurrency exposure. However, XRP has not yet seen the same level of corporate adoption as Bitcoin. Currently, few companies hold significant stakes in XRP, with exceptions such as VivoPower International Plc, which raised $121 million to invest in the token.

Market Conditions and SPAC Strategy

The announcement comes amid ongoing market volatility, which recently caused large-scale liquidations across cryptocurrencies. Bitcoin dropped more than 3% in one day, while altcoins faced broader sell-offs exacerbated by U.S.–China trade tensions. Despite this, Ripple is advancing its treasury plans, reflecting confidence in its institutional strategy.

SPAC-driven funding structures have become a popular way to build crypto treasuries. By using a SPAC, Ripple can raise capital quickly while maintaining control over the allocation of assets. Other corporate treasury initiatives have similarly used SPACs or reverse mergers to acquire Bitcoin, though activity has slowed in recent months. For example:

• Bitcoin accumulation by corporate treasuries dropped from 66,000 BTC in June to 14,800 BTC in August.
• Average purchase sizes fell from over 1,000 BTC to 343 BTC per transaction.

Ripple’s XRP-focused DAT represents a unique institutional approach, combining corporate treasury tools with a large-scale digital asset reserve.

GTreasury Acquisition and Strategic Objectives

Ripple officially announced the $1 billion acquisition of GTreasury, highlighting the company’s decades of experience in treasury operations. GTreasury supports CFOs and treasurers with cash forecasting, risk management, compliance frameworks, and liquidity optimization tools. The platform provides connectivity across banks and enterprise resource planning (ERP) systems, allowing companies to manage cash flows, debt, investments, and payments more efficiently.

“For too long, money has been stuck in slow, outdated payments systems and infrastructure, causing unnecessary delays, high costs, and roadblocks to entering new markets—problems that blockchain technologies are ideally suited to solve," said Brad Garlinghouse, Ripple CEO.

The integration of GTreasury allows Ripple to bring corporate treasury teams both speed and digital asset functionality. The platform enables real-time liquidity management, instant cross-border payments, and improved capital utilization. Ripple emphasized that its infrastructure supports stablecoins, tokenized deposits, and other digital assets, helping corporates transition to blockchain-based financial operations.

GTreasury Capabilities and Corporate Integration

GTreasury offers a suite of tools designed for CFOs and treasury teams to manage liquidity, risk, and compliance:

• Cash Visibility & Forecasting: Real-time insight into cash positions and expected flows.
• Payments Management: Optimized execution of domestic and cross-border transactions.
• Risk & Compliance: Tools for monitoring FX exposure, credit risk, and regulatory adherence.
• Investments & Debt: Frameworks for managing debt instruments, marketable securities, and short-term capital.

Renaat Ver Eecke, GTreasury CEO, noted:

“The combination of our cash forecasting, risk management, and compliance foundation with Ripple’s speed, global network, and digital asset solutions creates an opportunity for treasurers to manage liquidity, payments, and risk in the new digital economy.”

The GTreasury platform is recognized for compliance with high regulatory standards, audit readiness, and robust risk management features. By integrating GTreasury with XRP and Ripple’s blockchain infrastructure, corporate clients gain tools for both traditional and digital asset operations.

Ripple’s 2025 Acquisition Strategy

The GTreasury deal is Ripple’s third major acquisition of 2025, following:

• Hidden Road: A multi-asset prime broker acquired for $1.25 billion.
• Rail: A stablecoin payments platform acquired for $200 million.

These acquisitions support Ripple’s broader strategy of providing end-to-end digital asset infrastructure. The combined ecosystem includes custody services (via Metaco acquisition), stablecoin issuance, and blockchain-enabled treasury management. The company has rolled out over $840 million in supply of its U.S. dollar stablecoin across XRP Ledger and Ethereum, offering corporates additional liquidity tools.

Institutional Adoption and Market Implications

Ripple’s efforts reflect increasing corporate interest in blockchain-based financial infrastructure:

• Liquidity Management: Companies can better allocate capital across stablecoins, tokenized assets, and traditional holdings.
• Cross-Border Payments: Blockchain infrastructure allows real-time settlement at competitive costs.
• Compliance & Security: Ripple and GTreasury provide frameworks to meet regulatory standards while managing digital assets.

While Bitcoin remains the most widely adopted corporate cryptocurrency, Ripple’s XRP-focused treasury may encourage other firms to consider multi-asset strategies

Operational Benefits of the Ripple-GTreasury Integration

The partnership between Ripple and GTreasury enhances several core treasury functions:

• Unlock Idle Capital: Corporates can leverage short-term instruments and the repo market to improve returns.
• Optimize Payments: Real-time, 24/7 settlement reduces delays and transaction costs.
• Integrated Risk Management: FX, credit, and operational risks can be analyzed alongside digital asset positions.

By providing end-to-end solutions, Ripple aims to reduce friction in corporate treasury operations while integrating blockchain-enabled liquidity solutions.

Conclusion

Ripple’s proposed $1 billion XRP digital-asset treasury and GTreasury acquisition consolidate its position as a major provider of digital asset infrastructure for corporates. The initiative combines blockchain-based liquidity solutions, stablecoin and tokenized asset management, and traditional treasury expertise

While regulatory approvals and final structure remain pending, the integration equips corporate finance teams with tools for real-time payments, cash flow optimization, and risk management across traditional and digital assets.

Resources:

1. Ripple Labs Said to Lead $1 Billion Fundraise for XRP Hoard - report by Bloomberg Law:
2. Press release - Ripple Breaks Into Corporate Treasury With $1B GTreasury Acquisition:
3. Press release - Ripple to Acquire Rail for $200M, Expanding Leadership in Stablecoin Payments:
4. Press release - Ripple Agrees to Acquire Prime Broker Hidden Road for $1.25B in One of the Largest Deals in the Digital Assets Space: