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Dive Deposits: Ripple’s 2nd billion-dollar deal of 2025 puts it in elite company
Yahoo Finance·2025-10-20 20:19

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. To say that crypto is having a bull-market year may not be the deepest insight. But let’s quantify it through comparison. On Thursday alone, both Ripple and Kraken announced acquisitions. Ripple’s 1billionproposedpurchaseoftreasurymanagementsoftwareproviderGTreasurymarkeditsthirdninefigureorhigherdealof2025.Krakens1 billion proposed purchase of treasury management software provider GTreasury marked its third nine-figure-or-higher deal of 2025. Kraken’s 100 million acquisition of Sm ...