Ripple’s Billion-Dollar XRP Move: Acquires GTreasury in Landmark Crypto Deal

Ripple just dropped a billion-dollar bomb in the crypto space—and paid entirely in XRP.

The Strategic Play

GTreasury, a treasury management platform serving traditional finance, now falls under Ripple's umbrella. The acquisition signals Ripple's aggressive push into enterprise financial infrastructure—bypassing conventional payment rails entirely.

XRP as Deal Currency

Using XRP for the full $1 billion transaction showcases Ripple's confidence in its native token. No dollars changed hands—just digital assets moving at the speed of light.

Market Implications

This isn't just another corporate purchase. It's a statement that crypto-native companies can execute billion-dollar deals without touching fiat—while traditional banks still debate whether to allow crypto deposits.

Because nothing says financial revolution like using your own cryptocurrency to buy companies that serve the very system you're trying to disrupt. The irony is almost as rich as the deal size.

110 million reasons to be bullish

Before market open, Grail divulged it has signed a binding letter of intent with two specialized units of Korean tech giantto bring a key product to Asian markets. The arrangement also includes an investment commitment.

Image source: Getty Images.

Specifically, Samsung C&T and Samsung Electronics will commercialize Grail's Galleri multicancer early detection (MCED) diagnostic products to certain countries on their native continent. This certainly includes Samsung's home of South Korea, while Japan and Singapore were mentioned as possible future targets for the product.

The two Samsung divisions will also together invest $110 million into Grail. They are paying $70.50 per each of the company's common shares for this, which WOULD give the pair more than 1.56 million shares.

Expanding its footprint

In its press release trumpeting this potentially lucrative deal, Grail quoted its president of international business and biopharma, Harpal Kumar, as saying that the investment portion of it "strengthens our balance sheet and provides further cash runway as we advance through key milestones to secure reimbursement for Galleri in the U.S. and key international markets."