Ripple adds digital asset support to treasury management platform

The update adds digital asset accounts and real-time visibility tools for corporate finance teams managing liquidity across systems.

Ripple has added digital asset capabilities to its treasury management platform, allowing corporate finance teams to hold, track and manage cryptocurrencies and fiat balances within a single system, the company said.

According to a company announcement, 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 both cash and digital assets.

The system supports assets including XRP (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, according to Ripple.

Ripple said the update embeds digital asset functionality directly into its treasury system, rather than requiring separate crypto platforms. The company said this could reduce reliance on manual reconciliation and fragmented reporting across banking and custody systems.

Mark Johnson, chief product officer at Ripple, told Cointelegraph the shift is about making digital assets “a core part of treasury operations,” allowing companies to manage them alongside traditional balances while 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 company said the product is already live for customers in beta ahead of a broader rollout, with availability varying by jurisdiction depending on regulatory requirements and geography.

Related: Ripple CEO says stablecoins could be crypto’s ‘ChatGPT moment’ for businesses

A survey published by Ripple in March found that 72% of more than 1,000 global finance leaders believe companies must offer digital asset solutions to remain competitive, reflecting growing focus on custody, security and infrastructure.

The findings point to a broader shift from adoption to integration, as institutions look to incorporate these assets into existing financial systems rather than manage them separately.

That transition is driving increased activity across financial infrastructure. In July, Visa expanded its settlement platform to support additional stablecoins and blockchain networks, building on its initial use of USDC (USDC) for settlement in 2021.

Banks have also begun integrating tokenized money into their operations. In November, JPMorgan expanded access to its JPM Coin deposit token, allowing institutional clients to move funds on blockchain networks for real-time settlement.

Similar efforts are emerging in credit and capital markets. In October, Securitize and BNY said they would collaborate to bring instruments such as collateralized loan obligations onchain.

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Source: CoinTelegraph