20 October 2025
5 0
Ripple Acquires GTreasury for $1 Billion to Expand Institutional Reach
XRP Recovery and Wallet Growth
- XRP has increased by 5.3% from its recent low, reflecting a recovery in investor confidence.
- The number of XRP wallets holding at least 10,000 tokens has reached a record 317,500, as per Santiment's data.
- This growth indicates investors are accumulating XRP for long-term gains despite recent price dips.
- XRP's price is currently around $2.35, with potential to target $2.8 if momentum continues.
- However, if momentum stalls, a downward phase could occur.
Ripple’s Strategic Acquisition
- Ripple Labs acquired GTreasury for $1 billion, enhancing its infrastructure suite with treasury-management software.
- GTreasury serves over 1,000 customers in about 160 countries, offering Ripple access to the corporate treasury market.
- Reports suggest Ripple may raise another $1 billion to build an XRP treasury.
For more information on XRP: XRP Details