Ripple Introduces Treasury Platform That Manages Traditional and Digital Assets
Ripple introduced a treasury platform designed to give chief financial officers, treasurers and accounting teams complete control over traditional and digital treasury operations.
Enabled by the company’s acquisition of GTreasury, the new Ripple Treasury, Powered by GTreasury brings together Ripple’s enterprise blockchain infrastructure and GTreasury’s treasury command center, Ripple said in a Wednesday (Jan. 28) blog post.
The combination provides a single, integrated framework in which users can move, manage and optimize liquidity in real time, across traditional and digital assets, according to the post.
With Ripple Treasury, users can gain unified visibility for managing traditional and digital assets; put dollars to work at any time while maintaining instant access to liquidity; eliminate settlement delays and foreign exchange (FX) risk in cross-border payments; and gain instant settlement of vendor payments, the post said.
