Skip to content
- Ripple adds digital asset accounts and unified dashboard for treasury management.
- The platform enables real-time tracking of crypto and fiat balances in one system.
- Integration removes separate crypto tools, improving reporting and workflows.
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 one system. The company announced the update in a statement on April 1.
Ripple said the update introduces Digital Asset Accounts and a unified dashboard. The dashboard aggregates balances across bank accounts, custody providers, and on-chain wallets. The company said this gives treasury teams real-time visibility into cash and digital assets.
Ripple Embeds Crypto Directly Into Treasury Operations
Ripple said the platform supports assets including XRP and Ripple USD. The company added that balances update in real time and are recorded alongside fiat transactions. APIs connect external custodians and sync activity into the treasury system.
The company said the update embeds digital asset functionality directly into its treasury system. That means finance teams do not need separate crypto platforms to oversee these holdings. Ripple said the setup could reduce manual reconciliation and fragmented reporting across banking and custody systems.
Mark Johnson, chief product officer at Ripple, said the change is about making digital assets “a core part of treasury operations.” He said companies can manage digital assets alongside traditional balances. He also cited use cases such as stablecoin settlement and yield on idle cash.
Also Read: Franklin Templeton Boosts Crypto Push with CoinFund Spinoff Acquisition
The launch follows Ripple’s October acquisition of GTreasury for $1 billion. Ripple said the product is already live for customers in beta ahead of a broader rollout. The company added that availability will vary by jurisdiction, depending on geography and regulatory requirements.
Digital Assets Move Toward Integration
The news comes as digital assets continue to solidify their position in the financial system. Ripple announced in a release that a survey released in March indicated that 72% of more than 1,000 global finance leaders believe companies must provide digital asset solutions to remain competitive.
In the release, Ripple noted the results of the survey indicate a move from adoption to integration, as finance leaders are looking to integrate digital assets into the current financial system rather than handling them as standalone assets.
In July, Visa announced an expansion of its settlement platform to include additional stablecoins and blockchain networks, building on the addition of USDC in 2021.
JPMorgan announced the expansion of access to JPM Coin for institutional clients looking to utilize blockchain technology in real-time settlement in November.
In October, Securitize and BNY announced they would be working together to bring collateralized loan obligations onto the blockchain.
Also Read: Bhutan Moves $25M in Bitcoin—Is a Massive Sell-Off Already Underway?
