Ripple has launched Ripple Treasury, a corporate treasury management service that allows clients to opt into digital asset features without being forced to adopt crypto technology.
The product follows Ripple’s $1 billion acquisition of GTreasury three months ago and is aimed at large corporate money managers seeking modernised cash and liquidity tools.
“We wanted to make sure we were going to a partner and a final home that would not drive and force adoption of anything our clients didn’t want to do,”
Said GTreasury chief executive, Renaat Ver Eecke, adding that:
“The digital asset space is just going to be another option.”
GTreasury brings more than 40 years of experience serving Fortune 500 companies, whose executives may remain cautious about crypto despite growing regulatory clarity in the United States.
When Ripple announced the acquisition in October, chief executive Brad Garlinghouse said blockchain technology could address inefficiencies in legacy treasury systems that cause delays and high costs.
Ver Eecke said blockchain-based features, including potential stablecoin use, could significantly reduce settlement times and allow treasurers to deploy idle cash more efficiently, while remaining entirely optional.