Ripple plans $1 billion XRP treasury, buys GT treasury for $1 billion

Ripple is reportedly looking to raise at least $1 billion to establish an XRP treasury and has confirmed a separate $1 billion acquisition of cash management systems company GTreasury.

Ripple plans to raise funds for its XRP treasury through a special purpose acquisition company (SPAC) and could contribute some of its own XRP holdings to the new entity, Bloomberg reported, citing people familiar with the matter.

Ripple already holds 4.7 billion XRP, worth around $11 billion, and an additional 35.9 billion tokens are held in an escrow account that unlocks over time.

If the new treasury is created, it could become one of the largest dedicated to XRP and would be double the size of the XRP treasury announced in June by Singapore-based Trident Digital.

Ripple seeks to unlock $120 trillion corporate treasury market

The plan to create a billion-dollar XRP treasury company coincides with Ripple’s acquisition of Chicago-based GTreasury, which provides software and treasury management system solutions.

Ripple CEO Brad Garlinghouse said the purchase gives the company access to the $120 trillion enterprise treasury payments market.

Today, Ripple is entering the $120 trillion enterprise treasury payments market with the acquisition of GTreasury for $1 billion.

The past few years have reminded this industry why payments are, above all, THE primary use case for crypto and blockchain. Payments are Ripple’s priority…

– Brad Garlinghouse (@bgarlinghouse) October 16, 2025

The move is part of the payments company’s assault on the traditional financial sector.

“Incredible amounts of liquidity are trapped in outdated payment systems, creating friction, unnecessary costs and barriers to entering new markets,” he said. “Payments are Ripple’s starting point for exactly these reasons: the infrastructure is complex, siled and inefficient, but as we know, perfectly positioned to benefit from decentralized financial technologies. »

With GTreasury, Garlinghouse said Ripple will be able to help CFOs manage all their assets, from stablecoins to large-scale token deposits around the world.

Ripple has embarked on an acquisition spree this year

The GTreasury acquisition is the latest in Ripple’s buying spree this year.

Hidden Road, a multi-asset prime broker and clearing/financing service provider, was acquired by Ripple for approximately $1.25 billion in April. Hidden Road processes approximately $3 trillion in commercial transactions annually and serves more than 300 institutional clients.

In August, Ripple announced its acquisition of stablecoin-powered payments platform Rail for around $200 million.

All of Ripple’s acquisitions this year are part of the company’s long-term mission to inject itself into traditional payments infrastructure.

To this end, it has applied for a U.S. national bank charter from the U.S. Office of the Comptroller of the Currency (OCC). It is also seeking a Federal Reserve master account, which would allow it to hold and settle its stablecoin reserves directly with the Fed.

Ripple’s XRP token has won more than 303% over the past year, although it fell more than 20% last week amid a broad market downturn.

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