GTreasury Acquires Solvexia to Fortify Ripple’s Institutional Stack; XRP Holds $2.15

GTreasury, the treasury management firm acquired by Ripple for $1 billion last October, bought Sydney-based fintech Solvexia today. The deal integrates Solvexia’s no-code automation tools, specifically for reconciliation and regulatory reporting, directly into Ripple’s enterprise finance layer. This marks the first significant expansion of the GTreasury unit under Ripple’s ownership, signaling a clear strategy: owning the boring, critical back-office rails for hybrid fiat-crypto operations.

Automating the "Last Mile" of Finance

Solvexia specializes in replacing spreadsheet-heavy workflows with automated data management. For corporate treasurers, reconciliation remains a primary bottleneck, often taking days to close books or verify transaction flows across multiple banking portals. Solvexia claims its platform processes transactions up to 100x faster than manual methods and reduces error rates by 98%.

By folding this capability into GTreasury, Ripple is solving a specific pain point for institutional clients: the operational drag of managing liquidity across fragmented systems. The combined entity will now offer a unified stack where treasury execution (GTreasury) and transaction verification (Solvexia) happen under one roof. This integration is particularly relevant for firms managing mixed portfolios of fiat and digital assets, where real-time settlement demands real-time reconciliation.

"Organizations shouldn’t rely on manual processes that introduce fraud risk, disclosure weaknesses, and audit exposure when automation can deliver near-perfect accuracy," said Renaat Ver Eecke, CEO of GTreasury.

The Institutional Play

This acquisition reinforces Ripple’s pivot from a pure payments network to a comprehensive enterprise software provider. Following the $1 billion GTreasury buyout in late 2025, Ripple now controls a platform used by over 1,000 corporate clients. Adding Solvexia’s regulatory reporting tools effectively "de-risks" digital asset adoption for these CFOs, providing the audit trails and compliance safeguards required by internal risk committees.

The market reaction remained muted but stable. XRP hovered around $2.15 (+0.88%), maintaining support as traders digested the long-term utility implications over immediate speculative catalysts.

Outlook: The Hybrid Treasury

The merged platform aims to launch a "no friction, no boundaries" system later this year, targeting multinational corporations that require granular visibility into cash and crypto positions. For Ripple, success will depend on how quickly it can cross-sell these automated compliance tools to GTreasury’s existing Fortune 500 client base, effectively locking them into the Ripple ecosystem for both liquidity and logistics.