Ripple has added digital asset capabilities to its treasury management platform, enabling corporate finance teams to hold, track and manage cryptocurrencies and fiat balances in a single system.
The update introduces Digital Asset Accounts and a unified dashboard that aggregates balances across bank accounts, custody providers and onchain wallets, giving treasury teams real-time visibility into cash and digital assets. The system supports assets including XRP and Ripple USD (RLUSD), with balances updated in real time and recorded alongside fiat transactions. APIs connect external custodians and sync activity into the platform.
Ripple said the functionality is embedded directly into its treasury system rather than requiring separate crypto platforms, which can reduce manual reconciliation and fragmented reporting across banking and custody systems. Mark Johnson, Ripple’s chief product officer, said the shift is about making digital assets “a core part of treasury operations,” allowing companies to manage them alongside traditional balances and enabling use cases such as stablecoin settlement and yield on idle cash.
The launch follows Ripple’s October acquisition of GTreasury for $1 billion. The product is live for customers in beta ahead of a broader rollout, with availability varying by jurisdiction based on regulatory requirements.
A Ripple survey published in March found 72% of more than 1,000 global finance leaders believe companies must offer digital asset solutions to remain competitive, reflecting a move from adoption to integration as institutions incorporate these assets into existing financial systems rather than managing them separately.
That transition is driving activity across financial infrastructure. In July, Visa expanded its settlement platform to support additional stablecoins and blockchain networks, building on earlier use of USDC for settlement. Banks are also integrating tokenized money: in November, JPMorgan expanded access to its JPM Coin deposit token for institutional clients to move funds on blockchain networks for real-time settlement. Similar efforts are emerging in credit and capital markets—Securitize and BNY Mellon have said they will collaborate to bring instruments such as collateralized loan obligations onchain.
Cointelegraph is committed to independent, transparent journalism. This article follows Cointelegraph’s Editorial Policy; readers are encouraged to verify information independently. Read the Editorial Policy at https://cointelegraph.com/editorial-policy
