Office of the CFO
Today on the Roll-Up: Ripple's $1B acquisition of GTreasury from Hg.
This acquisition expands Ripple into treasury management and the Office of the CFO. GTreasury users can soon move funds (or tokenized liquidity) instantly on Ripple’s blockchain, while Ripple users gain the ability to manage funds alongside moving them.
GTreasury & Ripple are building a treasury stack with embedded blockchain technology to modernize legacy banking and enterprise finance. 60% of F500 companies have adopted blockchain (per CoinDesk), and Ripple is ready to benefit.
Who else is rolling up the Office of the CFO:
-> Accel-KKR x Aico + AARO + Mercur Solutions AB
-> CoStar Group x Visual Lease
-> GTreasury x CashAnalytics
-> insightsoftware x LeaseAccelerator + Fiplana + FXLoader
-> Prophix x AllStrategy + Forest Grove
- > Sage x Fyle
-> TA Associates x FinQuery (formerly LeaseQuery)
-> Tipalti x Statement
Origination tip of the month: use a secondary domain for higher volume outreach, and warm it up (ie Warmy.io) beforehand.