Ripple has expanded its treasury management platform to include digital asset capabilities, enabling corporate finance teams to hold, track and manage both cryptocurrencies and fiat currencies within one unified system. The update introduces Digital Asset Accounts and a consolidated dashboard that aggregates balances across bank accounts, custody providers and onchain wallets. Treasury teams gain real-time visibility into cash and digital asset positions simultaneously, according to the company.
The platform supports assets including XRP and Ripple USD (RLUSD), with balances updated in real time and recorded alongside fiat transactions. Application programming interfaces connect external custodians and synchronise activity directly into the platform. Ripple says this approach embeds digital asset functionality into its treasury system rather than requiring companies to operate separate cryptocurrency platforms.
The company says the integration could reduce dependence on manual reconciliation and fragmented reporting across banking and custody systems. Mark Johnson, chief product officer at Ripple, described the shift as making digital assets a core part of treasury operations. He said the platform allows companies to manage digital holdings alongside traditional balances while enabling use cases such as stablecoin settlement and yield generation on idle cash.
The launch follows Ripple’s acquisition of GTreasury for one billion dollars in October. The product is already live for customers in a beta phase ahead of a broader rollout, with availability varying by jurisdiction based on regulatory requirements and geography. Ripple has not specified a timeline for the full commercial release.
A survey published by Ripple in March found that 72 percent of more than 1,000 global finance leaders believe companies must offer digital asset solutions to remain competitive. The findings reflect growing institutional focus on custody, security and financial infrastructure. Analysts see this as part of a broader shift from digital asset adoption toward deeper integration within existing financial systems.
Other major financial institutions are pursuing similar strategies. In July, Visa expanded its settlement platform to support additional stablecoins and blockchain networks, building on its initial use of USDC for settlement in 2021. JPMorgan also expanded access to its JPM Coin deposit token in November, allowing institutional clients to move funds across blockchain networks for real-time settlement.
Activity is also growing in credit and capital markets. In October, Securitize and BNY Mellon announced a collaboration to bring instruments such as collateralized loan obligations onchain. These developments collectively indicate that major financial institutions are moving to incorporate blockchain-based assets into core operational infrastructure rather than treating them as separate or experimental tools.
Originally reported by CoinTelegraph.
