Ripple Expands Horizons in Financial Management with Billion-Dollar Acquisition
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In a monumental move shaking the foundations of the finance sector, Ripple has acquired GTreasury, a leading global treasury management firm, for a staggering $1 billion. This noteworthy acquisition signifies Ripple’s strategic shift from providing payment solutions to becoming a pivotal entity in institutional liquidity management, thus reshaping its role in the financial ecosystem.
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