Ripple Just Embedded XRP Into The World’s Treasury Plumbing, Experts Explain
Ripple’s agreement to acquire GTreasury has triggered a sharp, technically informed reaction on X, where several long-time market observers argue the deal quietly routes XRP and Ripple’s stablecoin ambitions into the center of corporate finance. Their case rests on where GTreasury sits in the value chain, what it already connects to, and how Ripple can […]
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On Thursday, Ripple, the company behind the XRP cryptocurrency, announced a significant step forward in its growth strategy with the $1 billion acquisition of GTreasury, a leading player in treasury management systems. Ripple’s GTreasury Deal The acquisition of GTreasury marks a pivotal expansion for Ripple, granting it immediate access to the multi-trillion dollar corporate treasury […]
Crypto firm Ripple is reportedly set to raise up to $1 billion to set up an XRP treasury firm. The firm is notably the largest XRP holder and plans to contribute some of its holdings to this proposed venture. Ripple To Raise $1 Billion For XRP Treasury According to a Bloomberg report, Ripple is leading […]
Crypto pundit Chad has drawn a connection between Ripple and XRP with SWIFT. This comes as Ripple continues to expand its payment services and other operations, further integrating XRP and RLUSD into traditional finance (TradFi). Pundit Draws Attention To The Connection Between Ripple And XRP In an X post, Chad noted that Ripple Treasury and XRP are now connected directly to SWIFT. This came as he highlighted Ripple’s listing of SWIFT as one of its connectivity partners for payments. The treasury management firm stated that it is part of the SWIFT Certified Partner Program. Related....
Ripple is currently on the heels of Ethereum as more XRP treasury companies emerge. This follows Evernorth’s announcement that it plans to raise over $1 billion, which it will use to buy XRP as its primary reserve asset. 11 XRP Treasury Companies Now In Existence Crypto researcher BD revealed in an X post that there […]
Momentum around XRP picked up again this week after Ripple-backed Evernorth unveiled plans to go public via a SPAC and use the proceeds to build what it calls the world’s leading institutional XRP treasury. However, there have been questions as to how much of the altcoin is actually being purchased by the company. Evernorth’s upcoming […]