Ripple’s acquisition of GTreasury has resulted in the creation of “Ripple Treasury”, a complete solution that incorporates GTreasury’s 40-year track record in corporate finance into its enterprise-grade blockchain infrastructure. This combination allows CFOs to manage all analytics related to both traditional and digital treasury operations through one central dashboard.
What’s New in the Partnership between Ripple and GTreasury?
The unique aspect of the relationship between Ripple and GTreasury is that together they provide a true “one-stop shop” for the management of both traditional bank accounts, cash flow forecasting, risk management, and digital currencies such as XRP, RLUSD (Ripple’s stablecoin), and even tokenized securities. This also allows businesses to take advantage of improvements in operations, as well as make decisions from one integral platform.
Benefits the Ripple-GTreasury Partnership Provides:
- Enables yield on idle cash 24 hours per day via digital asset markets, thus providing companies the ability to generate additional revenue.
- Facilitates instantaneous cross-border transactions (3 to 5 seconds) using blockchain-based technology, therefore eliminating FX risk exposure during the time a company’s asset moves. It does this by allowing companies to securely transfer their funds without having pre-funded accounts with each overseas entity.
- Â Free up trapped working capital. By removing the need for pre-funding foreign bank accounts, businesses now have direct access to their cash.
Why This Platform is a Strategic Inflection Point
This change is important because it officially establishes digital asset management as an integral part of corporate finance. In addition to establishing regulatory validation, it also provides enterprise-grade infrastructure that risk averse treasury departments require, with Ripple and GTreasury combining efforts to create these two main components.
For instance, this is not a product made for crypto-centric users; instead, it was created with Fortune 500 CFOs in mind, who need to achieve optimized global liquidity but cannot risk or tolerate the complexity of having several fragmented systems. The platform removes one of the greatest barriers to blockchain adoption by consolidating everything into one platform, thereby demonstrating its essential utility for modern treasury operations.
