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Jacob Gibson

XRP Drops 4% in 24 Hours as Ripple Completes $1 Billion GTreasury Acquisition

XRP fell nearly 4% to $2.07 over 24 hours following Ripple's completion of its $1 billion acquisition of GTreasury. The deal provides Ripple access to a treasury platform serving over 800 corporations across 160 countries and processing $12.5 trillion in annual payments. Institutional investors in Europe allocated $549 million to XRP products in 2025, exceeding flows into Ethereum.