en

There’s a New Development at Ripple: They Announced a New Treasury Platform

image
rubric logo Altcoins
like hodl moon 7

GTreasury, previously acquired by Ripple, has announced a new treasury platform called Ripple Treasury.

The company describes this product as the world’s first comprehensive treasury platform that combines over 40 years of corporate treasury management experience with digital asset infrastructure.

The statement noted that many finance teams are struggling to manage increasing operational complexity with limited resources and outdated infrastructure, and argued that Ripple Treasury aims to change this. It stated that the platform, thanks to Ripple’s support, redirects all earnings directly into product innovation without the pressure of debt.

According to information shared by GTreasury, engineering capacity has been doubled in the last 90 days, Solvexia, a company specializing in reconciliation processes, has been acquired, and AI-powered solutions have been developed in the areas of cash forecasting, risk management, and analytics.

Ripple Treasury will offer a structure encompassing liquidity management, reconciliation, cash forecasting, risk management, netting, and payment processes.

On the digital asset side, the platform claims to offer real-time cross-border payment infrastructure and corporate custody services, licensed in over 75 regions and used by hundreds of global financial institutions.

Ripple Treasury’s use cases include providing single-screen visibility for traditional cash and digital assets, yield optimization, instant cross-border reconciliation to reduce currency costs, and eliminating the need for upfront financing. Furthermore, the platform is said to offer a ready-to-use infrastructure for future use cases such as tokenization and programmable payments.

*This is not investment advice.