Crypto NewsNewsRipple Acquires Another Company Indirectly After Spending $1 Billion

Ripple Acquires Another Company Indirectly After Spending $1 Billion

A company recently acquired by Ripple has announced the acquisition of another company. Here's what you need to know.

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GTreasury, a financial automation company operating within the Ripple ecosystem, announced the acquisition of Solvexia, a no-code-based financial automation platform.

The financial terms of the agreement and the amount of the purchase price were not disclosed to the public.

According to GTreasury, this move will expand the platform’s scope, enabling advanced automation, particularly in areas such as reconciliation, settlement processes, and regulatory compliance reporting. The company stated that the new integration will allow complex workflows in finance, accounting, bookkeeping, and compliance operations to be performed with less manual intervention, in a more auditable and scalable manner.

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Adem Turgut, CEO of Solvexia, highlighted the strategic importance of the acquisition and made the following statement:

“Organizations are managing traditional banking relationships while exploring digital assets, all under increasing regulatory pressure across multiple jurisdictions. The combination of Solvexia’s automation capabilities and GTreasury’s infrastructure not only prepares the platform for today’s challenges but also provides companies with the governance, audit trail, and audit controls needed to protect against regulatory risks, creating a system suited to the finance of the future.”

The acquisition is seen as a continuation of Ripple’s broader investment strategy in corporate finance technologies. Previously reported, Ripple acquired GTreasury in October 2025 for approximately $1 billion.

*This is not investment advice.

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